I know it's been awhile since I posted. I've been busy at work, play and with family. In any event I closed the following transaction for a profit:
09/05/12 STO 3 COP Oct 20 50 Puts @.38 $101.73
10/02/12 BTC 3 COP Oct 20 50 Puts @.04 -12.06
In this trade I made $89.67 in 26 days on ~$1500 in margin maintenance. This equates to a return on maintenance of 5.98% or 83.95% annual. I closed the trade for a profit without paying a commission.
I've got other trades to report and I'll try to post once a day for a while and get back in the swing of things.
Thanks. I enjoyed reading your posts. Please get back to it.
ReplyDeleteExcellent post on conoco.
ReplyDelete