Market Curiosity: Exploring Markets And Systems

September 21, 2012

NGX12 – Selling NOV puts. +91% (update 2, Oct 4)

Filed under: +76 to +100%, Short Puts — Tags: — Jeff Fitzmyers @ 6:26 am

Selling NOV 2.8 puts for 0.079

Update 1, October 3
+ Natural Gas — Now this is what a bottom looks like

The option is currently worth 0.010. It’s simple to close the position soon since the the bulk of profit is already done.

Update 2, October 4: Officially closed, +91%.
+ An Update on the Biggest Long-Term Trend in the Market Today

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