Thursday, October 25, 2007

 
SELL the November 2007 SPX 1590 Call option and BUY the November 2007 SPX 1600 Call option for a credit of $0.95.

(Due to market volatility there was no puts placed to eliminate downside risk).

Green zone between 1585 and zero.

A successful $10,000 trade will make $950.

Result: Win - Green Month





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