Option trades, week of Feb. 15, 2016

Last week

Week endingOpenHighLowClose
Feb. 5-161929.751940.001865.001873.75
Feb 12-161876.251884.501802.501860.00

Commentary for last week

SP500 index pushed below January’s low by two points in intraday trading on Thursday, but that low held successfully and the market moved back above 1850 level for the close on Friday. The Friday closing price did not confirm the long-term bearish movement. Instead it could bring intermediate-term bounce soon.

Last week’s trades


Option trades, week ending Feb. 12, 2016

The sharp decline early in the week and again on Wednesday provided two excellent opportunities to sell Puts.

The subsequent reversal meant a quick profit.All our options expired out of the money on Friday, and we kept the entire premium.

This week:

Member content

Sorry, This section contains the option trades for the week of Feb. 15. It is reserved for paid subscribers.

You can sign up here and get instant access, or you can read last week’s trades without charge.

Comments are closed.