Friday, May 2, 2008
MVL may08 Spec (+40% +$200)
5-2-08
MVL spec trade based on Iron Man opening and earnings
5/5/08
closed trade for total profit of $200 profit or 40% profit
entered trade on Fri. 5/2 and closd monday 5/5 (holding period about 1 working day).
IV got crushed and worked in the favor of the put credit spread and price moved up %7+ pushing both spreads into positive teritory, recognized a %80+ return on the call debit spread.
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