Wednesday, March 23, 2011

Closing NKE ITM Bear Put

I'm going to set a limit order to close this trade now. I could make $0.65/share in the best case scenario. Right now I could easily get out of the trade with close to half that. While $0.30/share does not seem like a lot, it is almost a 7% ROI in only two days. Anytime I can get out of a trade in only two or three days with 6 or 7% I'm taking the money. My limit order is going to be a limit credit order for $4.70.

1 comment:

Jeffry said...

This trade closed yesterday at the limit order I set.

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