Tuesday, September 8, 2009

Sept trades

I have entered two new trades for Sept.

SPY 94/95 bull put spread for 12% ROI and
GOOG 420/430 bull put spread for 17% ROI

both trades are around 75% probability.

2 comments:

Options_Rock said...

Hi there

I am looking at the SPY 95/94 Put spread. I assume you are talking about the options that expire at the end of the month, right?

Goldsmith said...

Hi,

Yes, I was talking about the options for Sept (Expiring Sept 18th).

Sorry for the late response. I didn't realize anyone actually looked at my blog. I only update this to use as a track record for myself to look back at afterwords.

Currently all my trades are being done in a virtual account as I am still trying to gain experience with trading option spreads before I decide to use real money. =)
Once I feel comfortable that I can consistently make good trades I will start trading for real.

Good luck with your trades. I will turn on email notification for comments.

I hope you were able to place the SPY 95/94 Sept spread as it worked out nicely. =)