Nov 092009
We bought some Dec $32 calls on ADBE on 10/30/09, we paid $275 per option contract. This was a bounce trade. This morning we closed out the position for an average fill price per option contracts of $435. In less than 10 days we had over 50% return $435 -$275 = $160/$275 = 58%.
ADBE Entry 10/30/09 "Click to Enlarge"
ADBE Exit 11/09/09 "Click to Enlarge"
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