Monday, December 31, 2007

 
SELL the January 2008 SPX 1540 Call option and BUY the January SPX 2008 1550 Call option for a credit of $1.05.

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

Green zone between 1535 and zero.

A successful $10,000 trade will make $1050.

Result: Win - Green Month





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