Wednesday, October 10, 2012

SCHN, ABX new trades, Oct/10/2012

Trade update (Oct/12/2012):
Closed ABX for 65c for almost  50% of max possible loss

Holding SCHN for OCT expiry.

Trade update (Oct/19/2012):
Expired worthless giving us 35c for 100% Profit.
________________________________________________________

SCHN trade: 
Sell 1X $27 OCT put
Buy 1X $26 OCT put
(Got a credit of 35c)

ABX trade:
Sell 1X $40 Weekly put
Buy 1X $39 Weekly put
(Got a credit of 22c) 

*Please do your own research before buying any stock listed here. Disclaimer.
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