Monday, April 30, 2007

Closed call spread in PDE Pride

Closed call spread in PDE Pride

Looks like markets generally are at the top of a trading range.
Good time to take some profits I think

Buy Spread cost = $ 2.20
Sell Spread price = $ 3.05
Gross profit = 48%

Net Profit = $460

Contract = (PDE-N) Pride Intl jul07 30 Call
Exchange =
Chicago Board Options Exchange (Agent)
Type = Sell to Close
Quantity = 2
Price = $4.8
Gross = $960.00cr
Net = $940.00cr
 
Contract = (PDE-N) Pride Intl Jul07 35 Call
Type = Buy to Close
Quantity = 2
Price = $1.75
Gross = $350.00dr
Net = $370.00dr
Trade Date =
30 Apr 2007

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