IRA – Potash APR/MAR Diagonal – Closed Profit $82
March 12th, 2010, 10:42 am EST. Posted under Individual Retirement Account (IRA) by ThetaTrader.
Post Tags: , CLOSED, POT
121.86 (-1.02)
03/19/2010 – ThetaOptions IRA Portfolio – Potash Diagonal Closed – Profit $82
The IRA has closed our Potash Diagonal for a quick profit of $82. Since we had $625 at risk, our rate of return was 13% over seven days on this trade. We would have made a little bit more had POTash finished at $125 today, but we’re not complaining.
Filled Order:
SOLD -1 DIAGONAL POT 100 APR 10/MAR 10 130/125 CALL @2.07 credit
Position: None.
Note: We actually lost $23 so far today because the stock is fading away from APR 130 strike.
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