ERTS Backspread : 15% Profit
Published on February 2, 2007
ERTS Backspread : 15% Profit
As I called out in my previous note that I played AMZN and ERTS backspreads for earnings. ERTS proved to be good and AMZN I am still trying to close (it is currently in the loss zone). Margin required was $670 per spread and the profit is $102 per spread.
Here are the details for ERTS:
Profitable trading, OptionPundit
