IRA – AMZN Diagonal – Profit $200
December 14th, 2009, 11:51 am EST. Posted under Individual Retirement Account (IRA) by ThetaTrader.
Post Tags: , AMZN, CLOSED
12/14/2009 – ThetaOptions IRA Portfolio - AMZN Diagonal Closed – Profit $200
After (14) days, we were able to close down the Amazon Diagonal for $200 profit or 40% risk\reward return on investment in TWO weeks within an IRA account; that’s not too bad considering we rec’d $10 credit to start the trade off. Obviously, we were fairly bearish on AMZN when we placed the order.
Filled Order:
Sell to Close: (1) Dec/JAN 130/135 Call Side Diagonal – 1.90 credit
Position: None
