Wednesday, September 3, 2014

November 2014 K200 Put Spread

Sep-3, I sold an K200 Put Spread 242.5/245 when K200 was at 262.26.

Details:
K200 at 262.26 (~17 points downside)

Sell K200 October 245 Put at 0.78 (Delta: 0.1061)
Buy K200 October 242.5 Put at 0.59 (Delta: 0.0854)


Credit received : 0.19 (KRW 95,000, before commission)
Max risk: 2.31 (KRW 1,155,000)
Margin: KRW 1,000,000
ROM: 9.5%
Days to expiration (DTE): 72

Below is the chart as at close of 3-Sep:


This the P&L Chart as at close of 3-Sep:

Related Posts:
Sep-4: November 2014 K200 Iron Condor

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