Friday, July 25, 2008

Winning Trade

Order Number: 57641208
Symbol: .CTR
Description: C AUG 17.5 Put
Stock: C at 19.95
Action: Bought To Open
Quantity: 1 contract(s)
Price: $0.45
Commission: $14.95
Reg Fees: $0.00
Net Amt: $59.95

Order Number: 57712201
Symbol: .CTR
Description: C AUG 17.5 Put
Stock: C at 18.65
Action: Sold To Close
Quantity: 1 contract(s)
Price: $0.90
Commission: $14.95
Reg Fees: $0.01
Net Amt: $75.04

Profit: 15.09 USD

Now profit increase to 29.36 USD


Good points: Learn to take profit fast.

Bad points: Risky trade as its not DITM for front month options. Base on trend reversal to execute.

1 comment:

Ruchi Agrawal said...

The tips you have provided here are very beneficial. I agreed that, traders get caught and fixed in these common trading mistakes, which must be avoided at all costs by developing alternative strategies. At Epic Research we use to emphasize on this only.