Radio Shack Short – Profit $75
December 15th, 2009, 11:25 am EST. Posted under Margin Portfolio (MP) by ThetaTrader.
Post Tags: , CLOSED, RSH
12/15/2009 – ThetatOptions Margin Portfolio – Position CLOSED – Profit $75
No sense waiting around for OpEx on these guys after the recent upgrade. I still think the MM’s will pin the stock to 20 by Friday, but we’re taking our money and running after yesterday 5% run up (scare).
Risk/Reward: $75/$1900 (original Margin) = 4% return on Margin Risk in (11) days…
Order:
Buy To Close: (5) RSH DEC 20 Call – 0.25 debit
Position: None
December 16th, 2009 at 4:43 am
Safe Exit to keep the trade a winning trade. I agree Radio Shack will likely pin 20… we’ll see though.