Final: IYR Put Calendar +6%

I opened a put calendar for May June at 69 and immediately noticed the open interest was very low so I made my best effort to get out.

I opened for a debit of 1.10 and closed for a credit of 1.17. So I made 7 cents.

That was a quick 6%.

MdrNate

This entry was written by Mr Nate and posted on Tuesday, April 08, 2008 and filed under Bookmark the permalink . Follow any comments here with the RSS feed for this post . Post a comment ( in a new window )  

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Mr Nate
27 year old real estate investor. I'm a veteran house flipper with over 200 deals flipped, wholesaled, assigned or otherwise acquired. I've been a long time friend and student of Mojo (www.insanemoney.com) and am following his blog and teachings about stocks. This will serve primarily as my trade journal and I'll also be adding video tutorials and helpful information for other stock traders.
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