OptionPundit

CFC closed for +19.5% profit

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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

screenhunter_07-aug-15-2240.gif Here is the snapshot of the transactions.

Profitable trading, OP 

Comments

3 responses to “CFC closed for +19.5% profit”

  1. optionnewbie Avatar
    optionnewbie

    Good call on CFC, I wonder what the housing starts will do tomorrow?

    Reply
  2. designcurve Avatar
    designcurve

    Congrats! I too participated in this trade and booked a healthy 16% profit. Thanks OP!

    ~designcurve

    Reply
  3. Miranda Avatar
    Miranda

    hi nice post, i enjoyed it

    Reply

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