Monday, February 19, 2007

 
SELL SPX 1480 MAR Call and BUY SPX 1490 MAR Call for 85c credit; and

SELL SPX 1405 MAR Put and BUY SPX 1395 MAR Put for 40c credit

Green zone between 1475 and 1410

A successful $10,000 trade would give you $1,250 credit less commissions

Result: Loss (position stopped out for $2,600 loss) - amber month

Note: Loss arose as a result of Global Crash on 27th February 2007.





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