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S&P 500
5,495.52
(
0.45%
)
US TECH 100
18,329.12
(
0.83%
)
Dow Jones
40,736.96
(
-0.23%
)
Brent Oil
69.53
(
-3.05%
)
Bitcoin
57,648.80
(
1.10%
)
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Omars

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Omars

Re: goodluckchuck post# 102055

Monday, 05/21/2012 10:42:25 PM

Monday, May 21, 2012 10:42:25 PM

Post# of 365456
Let say GOOG today $620, you sell GOOG puts $600 for $3 (10 contracts) so you profit $3,000 and you buy GOOG puts $590 for $1 (10 contracts) you pay 1k for it so as long GOOG over $600 by expiration you profit $2,000 if GOOG fall to $550 your worst case you will lose 10k. Read about bull and bear spread
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