Thursday, January 22, 2015

Trading summary: bring home the bacon

Today's move: I closed a spread on YUM brand foods.  I've talked in length about YUM before. So I'll just cut to the chase:

April $65/60 bull put spread (closed with the opposite bear spread)
Position open: Dec 18th 2014
Position closed: Jan 22th, 2015
Duration: 35 days
opened for a credit of $0.88/c
closed for a debit of $0.38/c

51% capture of premiums (after commissions)
11% Return on Equity
116% Rate of Return

$232.20 profit.

Stay hungry my friends.

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