By browsing and reading content, links, feeds, email notifications, or any other information or service provided on this site, you agree to the
Terms and Conditions of Use

Search This Blog

November 28, 2012

SPX Nov5'12 Bear Call spread

Sell Nov5 1420 call
Buy Nov5 1425 call
Credit: .40¢
Margin: $4.60
Return: 8.69%
Filled: .40¢ and .65¢ Cost: .525¢

Risk Profile:


Update: 11/29/12

S&P continues to attempt to rally and any bit of news from Washington can send SPX one way or the other. We still holding our 1420/1425 Bear Call spread, using S&P E-mini futures can help hedge overnight risk (GAP UP).

Update: 11/30/12

Closed 1/2 position for .30¢ debit or 5.02% Return
Closed the rest for .25¢ debit. Total .25¢ gain or 5.58% Return