Monday, March 26, 2012

CLOSING - $MA new entry with credit put spreads 3/26/2012

13 apr - closed this credit put spread this morning at 82% of max profit.

Buyto Close Apr400/405 credit put spread .10x10 = $100
Sold to Open at .55x10=$550 credit
Profit = $450


26mar - posted the following setup for an entry this weekend
Mastercard chart and setup

 didnt expect it so soon, maybe something Bernake said. So like i said in the setup i entered the following today after it broke out today:

Sold Apr 400/405 credit put spreads at .55 x 10 = $550 credit

Trademonster shows this spread to be at 86% probability of max profit