$125 Profit
BBRYLong Option
interlocutrader

Entry comments: It's a 5x7x2 butterfly; strikes at 15/14.5/13 Closed 100 shs BBRY for 0.28 and rotated capital in my tiny account. BOT 5 15 PUTS when the stock broke 14.80 then sold 5 14.5s against them. Shorted 2 14.5/13 PUT verticals against the spread. Looking for $1 profit.

Exit comments: Closed shorts at the open. Closed long portion at 8:24 PST. Profit includes losses from the hedge against short stock.

000
DatePrice
Entry2/12/20130.56
Exit2/13/20131.81
  • Total Views100
  • Position Size1
  • Percentage223.21%
  • Option TypePUT
  • Strike15.0
  • Expiration2/22/2013
Proof
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