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ERTS Backspread : 15% Profit

Published on February 2, 2007

ERTS Backspread : 15% Profit

February 2, 2007

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:ERTS-1 

Profitable trading, OptionPundit

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