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Consistent Income Selling Option Premium
www.optionswami.com
All Info Educational Purpose Only
Please Do Your Own Due Diligence
Initial Idea:
Following Trade Placed on MON May 6, 2013 @ 3:00 pm
US $50,000 SUGGESTED TRADING ACCOUNT SIZE
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TRADE IDEA FOR 5/6/2013 - IWM
50 CONTRACTS PER LEG
ALL CONTRACTS EXPIRE ON 6/22/2013
$200 COMMISSION TOTAL COST PER TRADE
Trade Type: Skewed Iron Condor
Russell 2000 Mid-Cap (IWM) @ 95.25
SELL $101-CALL SELL $88-PUT
BUY $102-CALL BUY $87-PUT
LIMIT PRICE - $0.20 CREDIT PER CONTRACT
NET CREDIT = $1,000 less Commission
MAX LOSS $4,000 (Buying Power Reduction)
PROBABILITY OF MAX PROFIT > 81%
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New Trade Ideas or Adjustments to existing Ideas will be posted here as and when deemed Appropriate!
Disclaimer:
Trading financial instruments of any kind including options, futures and securities have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the options, futures and stock markets. Don't trade with money you can't afford to lose.
Email us at: ProfitableOptions@gmail.com
Visit us at: www.OptionSwami.com |
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