Wednesday, August 20, 2008

Results From Simulated Options Trade From Last Month

For anyone that did a simulated option trade as we discussed at last month’s Stock & Options Trading Symposium, here are the results:

SLB closed at 91.41 on Friday Aug 15th, which was the options expiration day. Right at the bottom of the trading range. Therefore, both legs of the options strangle that we entered, closed OTM and both legs of the option trade closed profitable… ie… you would have made $2050 on a $5k investment in one month!!

Posted by Cary Valerio of Project Liberty

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