Option Income: Creating Income Through High Probability Trades
 

Autodesk Inc Trade Blog 




Autodesk Inc

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Autodesk Inc Trade Blog


Title: Trade: Autodesk Inc

Stock: Autodesk Inc

Symbol: ADSK

Option Symbol: ADQSG

Reason for Initiation: Uptrending. Moving up from 3 weeks support. Fractal Buy.

Action: Sold Put

Details: Put: Strike @35, expiration Jul, Sold @ 1.50 on 27th Feb 06. Bought @ 1.35 on 28 Feb.

Result: Slightly +ve

Reason for Closing: Prices did no follow through on second day after purchase (1st Mar 06). Decide to close.

Comment: Good Trade, right decision. It's a pity that after closing, it shot up on 2nd Mar 06.

Option Income Picture: One-Pound Option Income Picture: One-Pound

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