Monday, 5 August 2013

update on CBA, BHP and WBC puts.

Just another update on the Open positions we currently have.

24th July:

CBA PUT $66.00 Expiry Aug 29th : Sold 5 contracts @ $0.35
CBA still sitting at $73.22 with only 18 trading days left

BHP PUT $32.00 Expiry Aug 29th : Sold 10 Contracts (1000 shares) @ 0.33 
BHP still sitting at $35.46 with only 18 trading days left

WBC sell PUT $27.91 Expiry Aug 29th for 10 Contracts (1200 shares) @ 0.185
WBC still sitting at $31.17 with only 18 trading days left

All three trades are on our side at the moment and unless something drastic occurs they should all expire worthless. 

So our profit for the month will be $1023 and we will be sitting on a 1.023% profit on our $100,000.


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