CHRISTMAS PROMOTION
LTOptions at a 33% discount during the Year End Holidays.
Tell me More

Tuesday, September 4, 2012

September SPY Bear Call Closed


Demo-Trading:
BUY TO CLOSE 16 September SPY 145 CALL @0.25
SELL TO CLOSE 16 September SPY 147 CALL @0.08

Debit: 0.17 

The initial trade had been entered for a CREDIT OF 0.32. Closing the spread for 0.17 debit results in a profit of 0.15. In 16 contracts per leg = 16 * 0.15 * 100 = $240. See order execution below.

(Click on image to enlarge)


Check out Demo-Record




Go to the bottom of this page in order to see the Legal Stuff

No comments:

Post a Comment