Sold 350 SPX Jul 1660/1665 Bear Call spread for $1.00 credit.
This trade has a potential $35,000 profit on $140,000 risk with about 3 weeks left. This would be a potential 25% return.
Friday, June 28, 2013
New SPX trade
Decided to open a new SPX Bear Call spread today as I think the market will head lower for the next couple weeks.
Sold 350 SPX Jul 1660/1665 Bear Call spread for $1.00 credit.
This trade has a potential $35,000 profit on $140,000 risk with about 3 weeks left. This would be a potential 25% return.
Sold 350 SPX Jul 1660/1665 Bear Call spread for $1.00 credit.
This trade has a potential $35,000 profit on $140,000 risk with about 3 weeks left. This would be a potential 25% return.
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