SELL 11 SPY 134 Jan. 2013 PUT (@0.78)
BUY 11 SPY 132 Jan. 2013 PUT (@0.56)
Credit: $0.22 (0.22 * 100 * 11 = $242)
Margin: $1.78 (1.78 * 100 * 11 = $1958)
Break-even point: 133.78 (Around 140.50 when I opened the trade)
Probability of success: 77.00% when the trade was opened
Days to expiration: 21
Max return on margin: 12.36%
Commissions: $33.00 (Assuming a very unfavorable $1.50 per contract)
Below is the chart of SPY at market close for future reference.
(Click on image to enlarge)
Check out Track Record for 2013
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BUY 11 SPY 132 Jan. 2013 PUT (@0.56)
Credit: $0.22 (0.22 * 100 * 11 = $242)
Margin: $1.78 (1.78 * 100 * 11 = $1958)
Break-even point: 133.78 (Around 140.50 when I opened the trade)
Probability of success: 77.00% when the trade was opened
Days to expiration: 21
Max return on margin: 12.36%
Commissions: $33.00 (Assuming a very unfavorable $1.50 per contract)
Below is the chart of SPY at market close for future reference.
(Click on image to enlarge)
Check out Track Record for 2013
Related Articles
Weekend Portfolio Analysis (12-29-2012)
Weekend Portfolio Analysis (01-05-2013)
Weekend Portfolio Analysis (01-12-2013)
Weekend Portfolio Analysis (01-19-2013)
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Nice little trade, are you letting it expire or going to Roll it?
ReplyDeleteJust letting it expire. The markets killing me on the other side though
ReplyDelete