$24 Profit
NDXPLong Option
$10,736 Profit
NDXPLong Option
My first Nasdaq bull put vertical option spread. I put in two trades, one for 30 contracts at $1.55 premium and then again for the same strikes at $2.05 premium. Given the pattern, I was confident that the day of expiration would be an upswing. If not, I still had the premiums and I could get another credit for them to roll them over. My thesis was right on the upswing and I banked it all.
*Results may not be typical and may vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here.
Never attempt to copy or mirror the trades discussed on this website or in alerts. Attempting to do so may result in substantial financial losses. Alerts are not provided in real-time. For that reason, it is highly unlikely you will be able to buy the stocks at the same entry price, or sell the stocks at the same exit price, to achieve the same or similar profits obtained.
Never attempt to copy or mirror the trades discussed on this website or in alerts. Attempting to do so may result in substantial financial losses. Alerts are not provided in real-time. For that reason, it is highly unlikely you will be able to buy the stocks at the same entry price, or sell the stocks at the same exit price, to achieve the same or similar profits obtained.
