RTN Closed for +25% Profits
17Jun2008 Filed under: Past Performance and Trade Ideas Author: OptionPundit
I yesterday highlighted Raytheon and Coca Cola. Well it really didn’t touch $56 as was mentioning but then i placed my orders when it started to bounce from $57 area. A +25% profit for 1 day holding. Congratulations to all those who profited.
Profitable trading, OP
- Tags: Bull Call Debit spread, Raytheon, RTN
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This assumes a $10,000 starting and fully invested capital. The current phase started when OPNewsletter was re-opened in Jan'08 for Feb'08 expiration. OPN Month is counted as 3rd Friday of each month same as US Equity option expiration day. Comparison with S&P500 or Dow is not shown as it's unfair to expect from such large institution to deliver high returns. I would rather compare with my own target.
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