First Solar Strangle – CLOSED
December 8th, 2009, 3:58 pm EST. Posted under Margin Portfolio (MP) by ThetaTrader.
Post Tags: , CLOSED, FSLR
01/06/2010 – ThetaOptions Margin Portfolio - Trade CLOSED – Profit $235
Once again with only $20 left to collect after we deduct the assignment fees; we’ve deciced to free up the margin & close down this trade now for $235 profit.
Order Filled:
Buy To Close: (1) JAN10 105/165 CALL/PUT Strangle – $60.50 debit
Position: Only the FEB strangle is left now; which consumes $1750 margin. Notice how our Theta value is now back to where we started last month.
Risk/Reward: $235/$2750 risk = 8.5% in 4 weeks. That’s acceptable.
Pages: 1 2