C 04/27/2017 Look Back Trade

I placed this debit spread as C was bouncing off of support. Initially I had not planned on being in the trade that long. I thought it would bounce up quickly. Took longer than I had hoped but was still able to get out with a good return.

When I entered the trade C was trading at $59.25. When I finally closed it was at $61.14.

Finished with a profit of $300.00 on a risk of $1,048.44. A return of 25.09% in 18 days.

Date

Sym

Exp

Strike

Price

C

Type

Cost

Balance

04/27/17

C

BTO

‘JUL17

$60.00

-$2.20

10

C

-$2,200.00

-$2,200.00

04/27/17

C

STO

JUL17

$62.50

$1.17

10

C

$1,170.00

-$1,030.00

05/15/17

C

STC

JUL17

$60.00

$2.96

10

C

$2,960.00

$1,930.00

05/15/17

C

BTC

JUL17

$62.50

-$1.63

10

C

-$1,630.00

$300.00

Profit:

$300.00

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