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Underline stock: EWZ
Entry date: March 26, 2013
Entry price: $51 per contract
Strategy applied: Selling May $50.50 short put. This is a bullish
strategy.
Reasons to enter the trade:
·
Technical: EWZ was down 11 days in a row. The
stock has the most recent support at $50.50 and it begins a bounce up
today.
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Probability: EWZ has about 78.50% of staying
out of the money for May 50.50 put.
Dennis Phan 潘家墉
26 March 2013
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