Wednesday, June 17, 2009

Triple Calendar on SPY (Circus Calendar) Update #2

SPY trade was great this month. Price has landed very close to the 91 strike.

5/19 BTO 4 SPY Jun/Jul 97 Call for $.70
5/19 BTO 4 SPY Jun/Jul 85 Put for $.94
5/19 BTO 4 SPY Jun/Jul 91 Put for $1.12
6/3 STC 2 SPY Jun/Jul 97 Call for $1.00
6/3 STC 2 SPY Jun/Jul 85 Put for $1.02
6/3 STC 2 SPY Jun/Jul 91 Put for $1.47
6/17 STC 2 SPY Jun/Jul 97 Call for $0.66
6/17 STC 2 SPY Jun/Jul 85 Put for $1.02
6/17 STC 2 SPY Jun/Jul 91 Put for $1.87

Total profit is $304 on $1104 risk for a nice 27.5% ROI

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