Good things doesn’t necessarily means it needs to be expensive. Recall I recommended a little book first here that is inexpensive compared to the immense value it delivers. I later shared how that little book can be used for option trading here. I also gave an examle in the same post on Feb 4 highlighting FDG. Let’s revisit the same trade (click here) and see where is it now. The example trade was created for a $270 investment and expected returns were anywhere in between $40-$98. FDG was trading at $22.68, the point of maxium return, app $98. On feb 16th, FDG closed at $23 yielding a profit of roughly $90 for $270 investment. That’s 2 weeks holding period, yielding over 30% return. I don’t think I could ask any more from an income trade with very little risk.
Cheers and wish ya’ll profitable trading, OptionPundit
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