Friday, February 08, 2008

 
SELL the February 2008 SPX 1380 Call option and BUY the February 2008 SPX 1390 Call option for a credit of $1.00.

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

Green zone between 1375 and zero.

A successful $10,000 trade will make $1000.

Result: Win - Green Month





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