GIFTEC

NEWS EVENT SPY STRADDLE JOBS REPORT 80% PROFIT

AMEX:SPY   SPDR S&P 500
NEWS EVENT SPY             STRADDLE JOBS REPORT 80%
OPTION PRICES UPDATE
SPY             APR             1 207 CALL BOUGHT AT $.30 NOW $.01
SPY             APR             1 205 PUT BOUGHT AT $.30 HIGH FOR THE DAY SO FAR $1.10
Equal dollar amounts invested in each
$.60 cost
$1.10 Combined high for the day so far 80% profit
High was just after the open of trading.
A trailing stop would have locked in those profits
Trade closed: stop reached: OPTION PRICES UPDATE 80% PROFIT
SPY0.16% APR 1 207 CALL BOUGHT AT $.30 NOW $.01
SPY0.16% APR 1 205 PUT BOUGHT AT $.30 HIGH FOR THE DAY SO FAR $1.10
Equal dollar amounts invested in each
$.60 cost
$1.10 Combined high for the day so far 80% profit
High was just after the open of trading.
A trailing stop would have locked in those profits
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