CFC closed for +19.5% profit
Published on August 15, 2007
CFC closed for +19.5% profit
(for details pls visit www.OptionPundit.net)
I mentioned about CFC for bearish play y’day and also sent an alert to registered users advising to book profit at the opening. Here was the trade:
- Opened 27.5/30 bearish call spread (Aug) y’day for $0.45 credit (mentioned this to registered users)
- Bot individually back for $0.05. Net profit $0.40 on $2.05 investment
- Overall profit 19.5% per spread
Here is the snapshot of the transactions.
Profitable trading, OP
Good call on CFC, I wonder what the housing starts will do tomorrow?
Congrats! I too participated in this trade and booked a healthy 16% profit. Thanks OP!
~designcurve
hi nice post, i enjoyed it