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
(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
