CME closed, Profit + 25.77%

Published on June 5, 2008

CME closed, Profit + 25.77%

June 5, 2008

I mentioned about the CME trade before market open. I mentioned my bullish bias for short-term, well all happened within the day so far, and I won’t mind closing the trade for +25.7% in such a short period.

CME opened at $384, dipped to $381 before marching to $393. I had opened a debit call spread y’day before market close for 4.85 and it was selling for nearly $4.70 in the initial hrs for trading. I closed it for $6.10 and currently it is selling for $6.60. Nice to have +25% gains in less than 25 minutes.

CME is still marching ahead, as of this writing.

Profitable trading, OP

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