Recall I had mentioned about BG on Friday here (after missing GIFI due to fill). Now either you call it my quick profit taking or disciplined approach (I prefer the 2nd one), I decided to take profit and free-up money for another opportunity. I had initiated this trade on Friday under strict set of conditions. [...]
I closed my RUT Iron condor by buying back the BCS for $0.25.
I had already bought back my BPS for $0.20 that I had mentioned here. With this, the overall March RUT Iron condor yielded 23.2% for roughly 1 month holding.
My strategy of closing leg one after other as soon as it hits the [...]
Here are the results of the earning plays and credit spread. I mentioned y’day that I opened AFFX, AKAM and PMTI for earnings.
Closed AFFX for 9.6% profit. Here are the transaction details:
Closed PMTI for almost break-even (Loss 2%) -
AKAM is not closed yet, but making profit as of writing, 10% profit and still counting.
Closed NTRI for [...]
OptionPundit© (OP) is designed for novice as well as serious option traders. It is a stock & option trading blogsite that is dedicated to the following objectives: read more ⇒