Wednesday, April 24, 2013

Options Trade - Raytheon (RTN)


I originally sold a Raytheon put in February.  Since February, Raytheon has had a nice run.  RTN has gone from $53 to $58 in just two months.

Original Trade:
02/04/13 Sold 1 RTN Aug 17 '13 $50 Put @ 2.05

Closed out:
04/24/13 Bought-To-Close 1 RTN Aug 17 '13 $50 Put @ .50


I ended up profiting $155 in just over 2 months.

I currently have 13 open options positions and a total options profit of $2257 for 2013.  My options page has been updated accordingly.

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