Tuesday, May 22, 2012

$600 profit on expiring $MA credit put spreads

15jun - pretty happy about this trade, although it came close to the short strike, the support line held so my strike selection was a good one. credit spreads expiring at max profit. June 380/385's x10


22may - here is a video clip from fast money tonight with fund manager talking about mastercard being his top pick. nothing directly related to my entry but good enough place to put this clip -->> mastercard clip

22may - mastercard breaking this downtrend today after a strong day yesterday. entered new credit put spreads:

Sold the Jun380/385 credit put spreads at .60

trademonster analyse tab show this trade to be 84% probability of max profit at time of entry

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