Thursday, August 13, 2009

Trade closed: Aug 2009

Yesterday, I closed the Aug 1200 put at .05 (to take the risk off the table - no commission charged by ThinkorSwim). I have a GTC order to close the Aug 1300 put for .05 as well.

Index level: 1623.01
Buy to close: 1 Aug 09 1200 put
Cost to close: .05
Initial Margin req.: $12,105.00
Commission: $0.00
Net debit: $5.00
Profit: $188.75
Days open: 28
Simple return: 1.56%
Yield: 20.33%
% to ITM: 26.02%
Mmkt equivalent earnings @ 1.40%: $14.39

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