On 5/15/08 I opened: SOLD JUN 38 PUT @ $0.85 credit
Set stop loss for twice my credit= $1.70
My risk was the $6.08 margin.
Today my exit order was triggered as follows:
BOT DBC JUN 08 38 PUT @ $0.23 debit
0.85-0.23/6.08= 10.2% in 14 days
Thursday, May 29, 2008
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