OSH
Closed my OSH today. The reason for this was to reduce my exposure to the market because I opened a spread for WPL.
The Trade (OSH) - Traded on 4th July 2007
Sell Jul $4.22 Puts @ $0.145
Stock closed at 4.15 today, so there is 7c intrinsic value & 7.5ctime value
Buy Jul $4.22 Puts @ $0.02 - Traded on 23rd July 2007
Expiry = 26/07/2007
Share/Contract = 1007
I opened 13 contract:
Profit = (0.145 - 0.02) x 13 x 1007 = $1,636.375
Fees = $108.06 x 2 = $216.12
Value At Risk $54,262.195
Return = $1,636.375/$54,262.195 = 3.02%
Related PostsNo related posts
