AGOSE97
Long

$XLK bullish credit spread for this #Friday

AMEX:XLK   SELECT SECTOR SPDR TRUST TECHNOLOGY SELECT SECTOR USD DIS
High risk bullish credit spread on XLK . Solid gap down in tech this morning, but not showing signs of continuation bearish . This is one of the set-it and forget-it spreads as we will let it go all the way till exp .

Entry 74.33
Break even 74.72
Max profit 75
0.78:1 risk/reward

More info at wingtrades.com
Trade closed: target reached: The credit spread expired worthless so we keep the entire credit of $28/contract for 127%!
pretty cool
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