I first highlighted POT here, and I went in with a bullish put spread (180/175) for $1.10 credit. Today I bot it back for $0.23/spread, yielding me nice 22% profit.
Profitable trading, OptionPundit
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Stock split, to play or not to play? | OptionPundit
June 19th, 2007 at 10:43 am
[...] 2nd is for playing relative longer (till split date), one can play either bullish calendars, bullish diagonals or bull put credit spread. One may play straight call as well but then theta works against you. Check out past post on POT and BWLD. [...]