SPY Sep 30 305 Call Update
The Sep 30′ 305 option Call was an experiment in buying cheap call options that are ready for a significant price increase after selloff/correction. The idea is to be able to generate income in both a low and high volatility market while maintaining a portfolio.
The Sep 30′ 305 Call is up 84%
“I closed it with a remaining $19 of value left. It was a 17% long shot that this option would be profitable.”
The entire post can be read here.
Source: http://www.trincafe.com/2019/09/spy-sep-30-305-call-update.html
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