On 5/8/08 I sold the Naked Put: Jun 170 put for credit of $4.80. My risk was the margin held at $17.00.
Today my exit order (at 80% of my credit) was triggered at:
BOT POT JUN 08 170 PUT @ $0.98 debit
4.80-.98/17.00= 22.4% ROI in 21 days
Thursday, May 29, 2008
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