Trade update (Oct/19/2012):
Closed for 6c at close for 80% of credit profit
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I think RIG has gone up too much for the week and would like to sell
premium at these levels.For 1 day left in expiry I don't think this one is bad.
Trade:
Sell 1X $48.5 Weekly call
Buy 1X $49.5 Weekly call (for protection)
(Got a credit of 30c)
*Please do your own research before buying any stock listed here. Disclaimer.
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Thursday, October 18, 2012
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