closing the $V credit spread

20 july - this credit put spread expiring at max profit today.. card companies had a good move last few weeks, spread never was in jeopardy. will relook after earnings for possible entry.

Sell the July 95/100 credit put spread at .55 credit
expiring today at zero = $550 profit on 10 lot

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4jun - made an entry for July on Visa. testing the low from 2weeks ago and from march. Visa never really had big premiums so getting into this earlier than usual for a level im comfortable with. Trademonster analyse tab shows this spread to have 86% probability of max profit.

Sell the July 95/100 credit put spread at .55 credit

the 100 strike level matches up to some support if you use a fat crayon.. any lower and premium is not worth it.