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AlexanderGotay
6 déc. 2018 19:56

Short Put on SPY 75% probability of profit Long

SPDR S&P 500 ETF TRUSTArca

Description

After a Gap down, Sold the 254 put for $4 for a 75% probability of profit.

We make money as long as the price stays above 250. It needs to move another 6% down for us to start losing money.

Commentaire

Target:

Will look to close if we get 50% of the credit received, or $200.

Commentaire

Here is a video description of this trade and how to make similar trades.

youtube.com/watch?v=WSDskosGQlk

Trade fermée manuellement

Closed for a $155 profit (original target was $200), but That is over 38% of the credit received and 77% of my original target in 3 trading days which was pretty fast and above average in terms of premium per day for this trade. So decided to take profit.
Commentaires
quql
never understand this things, but , it sounds great !
:)
AlexanderGotay
@quql, I will make a video to explain it. Stay tuned!
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