Some nice movement today!

The premiums were holding stubbornly, but today we received some nice break in the prices with the small decline in prices, not sure what the rest of the day holds but being Friday it tends to get less active as the day wears on.

Currently the price of our option spread is 7.5 pts and we sold for a total of 11.5 pts.  4pts is a 2% gain on our $10k model, there is reason enough to let the trade go at least into next week without any more than a normal risk concern.

Have a great weekend!

 

 

 

Posted in Uncategorized

Leave a comment

Enter your email address to follow this blog and receive notifications of new posts by email.

Join 15 other subscribers

Enter your email address to follow this blog and receive notifications of new posts by email.

Join 15 other subscribers