*****UPDATE*****1:47PM 5/16

PER RISK PARAMETERS, EXITED OUT OF TRADE AT 1.10 CREDIT.

ORIGINAL TRADE DEBIT WAS 1.50 THATS .40 LOSS PER CONTRACT. I HAD 7 SPREADS SO THAT’S A  $280 LOSS.

PERCENT WISE THE LOSS WAS .40 LOSS / 1.50 =27% LOSS

*****UPDATE*****11:52AM 5/15

TRADE EXECUTED LESS THAN AN HOUR AGO ON THE DIP WAS LOOKING FOR. NOW LOOKING TO CATCH AN AFTERNOON RALLY OR MAYBE HOLD OVERNIGHT IF CONDITIONS LOOK RIPE.

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TNA Bullish trade scalp, may hold overnight May19 debit call spread

Order Details

You have entered a spread.
Leg Action Contracts Option Description Price Duration
Leg 1 Buy to Open 7 TNA Call TNA May 19 2012 50.00 Call Debit 1.50 Day Order
Leg 2 Sell to Open 7 TNA Call TNA May 19 2012 53.00 Call Debit 1.50 Day Order
Quote TNA   51.31   0.27 Bid 51.30 Ask 51.32 Volume 2,602,301
TNA MAY 19 2012 50.00 CALL
TNA MAY 19 2012 53.00 CALL
Bid 2.35 0.85
Ask 2.45 0.95
Last 2.40 0.95
Change N/A [N/A] N/A [N/A]
Volume 0 89
Delta 0.62 0.39
Open Int 524 1,488
Desc TNA May 19 2012 50.00 Call TNA May 19 2012 53.00 Call
Net Quote
Bid
1.40debit
Mid
1.50debit
Ask (natural)
1.60debit

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