Showing posts with label backratio spread. Show all posts
Showing posts with label backratio spread. Show all posts

Friday, June 19, 2009

Expiration day

I just sold 3 contracts of Jul 860 Put at $9.00 for a total credit of 2700.

The total credit for this position = $2975.

The previous backratio spread has expired worthless so the previous position has given me a profit of $2240.

Tuesday, May 26, 2009

Backratio spread

SOLD -4 1/2 BACKRATIO SPX 100 JUN 09 870/830 PUT @-.15 CBOE.

I just sold the backratio spread at a debit of 0.15. Total debit is $60.

Total credit for the existing SPX position = $2,240.