Strategy, Approach and Statistics

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Wednesday, January 25, 2012

Closed FXI Put for 8% Gain in 7 days

Close FXI Put for a net credit of $1.68

(Buy FXI20APR12 38 Put)

Comments: Market is finding support at S&P 1308. It was much higher at the market open, anyway, let's close the winner while it is still making money.

Texas Instrument position opened today is in money by 7%. It moved up 2% soon after I got in.

Posted by at 8:35 AM

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