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ADP profit, over 200%, still open

Published on May 9, 2007

ADP profit, over 200%, still open

May 9, 2007

screenhunter_30.jpgThought let me share with you how I am doing on ADP…already up over 200% in less than 1hr, most of the gain are due to IV rise on the May 50 calls, I bot it for $0.15 and now selling $0.50-$0.60.  I have already sold half of May 50s at average $0.48 per options and still holding to rest half. Trade timing in the screenshot are asia-pac time.

Profitable trading, OptionPundit

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