Wednesday, March 28, 2007

JW Trading Journal : 2007-03-28 Result - Year To Date 15.71%

Closed OEYPI - OEX April 645 PUT @6.50, +71.05%

2007-03 month to date return : 11.23%
2007 year to date return : 15.71%
vs. 2007 year to date SPY (S&P500) return : 0.14%

Open position: 0

First PUT trade was a success. :)
The bid/ask spread for OEX options seemed kind of wide. And I placed a market order in at the close which was executed at a price better than bid. Maybe it's normal for OEX options... I'm not sure. Can't say I'm not happy with the execution though.