- sold 10 MNX Feb 09 77.5 Put @ .15 (gross premium $150.00) - placed Jan 23, 2009
- sold 10 MNX Feb 09 82.5 Put @ .27 (gross premium $270.00) - placed Jan 8, 2009
I use Think or Swim as my broker (they are excellent.......more on them later) and I pay $1.25 per contract for commission. On a 10 lot trade, I pay 12.50. Please note, as I don't know the exact margin requirement on trade date, I estimate that it was about $7,500.00. Later, I will also explain my rationale for these trades. Please view my disclosure on the bottom of this blog.
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