Yesterday, I entered another bull put spread on USO yesterday afternoon with the nice slightly bearish retracement. This is a great entry for bull put spreads as the value of the puts are higher since it is downtrending for the day. Overall though, the trend you want is bullish.
SOLD VERTICAL USO JUN 08 103/102 PUT @ $0.32 credit
Today my exit order was filled as follows. Since this was a paper trade, TOS (Think or Swim) got me out with a credit. This does not happen in live trading though. Paper trading accounts usually fill at the mid instead of the natural. Occasionally you may experience this issue when you're looking at your fill prices. If this happens in TOS for you, if the number if either negative or positive, you follow if it says credit or debit.
BOT VERTICAL USO JUN 08 103/102 PUT @ -$0.07 credit
0.32+0.07/1.00-0.32= 57.3% ROI in 1 day!
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