Wednesday, September 19, 2012

Rolling Along With $EQIX Bull Put Spreads

9/19/12
Another week, another new high in Equinix.  Selling bull put spreads under the Bollinger band, 50-day moving average, and the low from last week.  Almost 3 full ATRs away.  87% probability of max profit.

Still not going to condor these.  Stock is just too strong lately.

Trade:
STO EQIX Oct 12 180/175 bull put spreads for ($1.77-$1.17) x 100 x 5 lots = $300 credit



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