Tuesday, January 27, 2009

Closed Trade: AZO Bull Put Spread

Today my target was hit to close a vertical spread on AZO. This was another one that I opened before the blog started. The opening trade was on 1/14/09:

Sold AZO Bull Put Spread, 125/120 @ 1.60

Bought AZO Bull Put Spread, 125/120 @ 1.17

After commissions were paid this yielded 10.9% profit in 13 days.

Good Trading...

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