Home > Boards > Free Zone > Education > MICRO Insider Option Plays
Followed By 122
Posts 13627
Boards Moderated 10
Alias Born 11/18/2009

Monday, December 05, 2011 1:26:03 PM

Re: None

Post# of 931
Quick breakdown of the Spy Call spread we just did, profit of $4,040.

Purchased Dec 17th call spread, bought 25 $124 contracts for $10,500, sold 25 $126 contracts for $7,650==Net Debit of $2850.

Market tanked, and we bought back our $126 calls we sold, (5 @ .40, 5 @.46, 5 @ .41, and 10 @ .75) total cost of $1,385.

Now we have $4,235 in the play.

The market rebounded last week, and we then bought 10 weekly puts for protection of our current profits for $890.

Now we have $5,125.

Closed out all of our $124 calls today, for a total of $9,165.

thus, we have a cost basis of $5,125, sold for $9,165===Profit of $4,040.

FEATURED American Green, Inc. ™ (OTC:ERBB) Officially Acquires Vendweb - Supplier of its AGX Facial Recognition and Over- 21 Age Smart Vending Machine May 17, 2022 7:30 AM

B2 Digital's B2FS 161 Full Production iPhone 13 Pro Max Movie to be Released Free to Viewers on YouTube Tonight at 7 p.m. ET BTDG May 17, 2022 12:30 PM

Kona Gold Beverage, Inc's Ooh La Lemin Lemonades to be Sold in Winn-Dixie Stores KGKG May 17, 2022 9:00 AM

HealthLynked Announces Acquisition of Aesthetic Enhancements, LLC, and Reports First Quarter 2022 Results Including a Significant Reduction in Net Loss HLYK May 17, 2022 8:00 AM

Progressive Care Reports First Quarter 2022 Financial Results Highlighted by 5% Growth in Revenue to $10.1 Million RXMD May 17, 2022 7:28 AM

OTC: ILUS, ILUS International (Ilustrato Pictures International Inc) Summarizes Its First Quarter of 2022 Disclosure ILUS May 16, 2022 4:00 PM

HNRC ENGAGES INTERCAPITAL ENERGY HNRC May 16, 2022 9:47 AM

Integrated Ventures Reports Q3/2022 Financial Results With Total Revenues Of $1,431,819 And Gross Profit Of $307,492.00. INTV May 16, 2022 9:00 AM

Splash Beverage Group Reports Record First Quarter 2022 Financial Results. Revenues Increase 86% Year over Year with $4 Million in Gross Sales as Company Signs 12 New or Expanded Distribution Agreements SBEV May 16, 2022 8:02 AM

RENAVOTIO, INC. (RIII) Provides Shareholder updates RIII May 13, 2022 3:38 PM

Demand Brands and Truleaf discussing the future of DB's retail footprint DMAN May 13, 2022 3:11 PM

OMID Posts First-Quarter 2022 Financial Statements OMID May 13, 2022 10:00 AM

"VAPR" E-Cite Motors Profiled as AMAZING EV Auto Investment in EV Auto Insider - Above GOOD Tesla, and Those Making its' TERRIBLE Investment List VAPR May 13, 2022 9:49 AM

American Green, Inc. ™ (OTC:ERBB) Board Votes to Exercise its Option to Buy 40,000 square foot "Cypress Chill" Cannabis Building for $3,750,000 ERBB May 13, 2022 8:30 AM

Progressive Care to Report First Quarter Financial Results on May 17, 2022 RXMD May 13, 2022 8:06 AM