Dipping my toe in the water

by Ryan Barr on April 1, 2008

in Options Trading

Okay, so today I put on another position in my personal account.  The size of the position isn’t very large, but I think it’s a pretty good play.  It is on the RUT(651.04 +0.28) and is a bullish Put spread.

Today I sold the April 2008 630/620 PUT Spread on the CBOE for $.50. The risk exposure is very small as the time will tick off quickly, and I think I’ll be able to let it ride or close it out for a small profit in two weeks or so.

Bookmark and Share
blog comments powered by Disqus