We pocketed premium of $1.60 when we sold PCG Sep 45 put options a week ago. Yesterday, the option expired worthless giving us annualized profit of 5200%. Interestingly, we were going long PG&E stock when all Wall Street analysts, without exception, were downgrading the stock.
We will scale in a new long position or short put position if PCG dips below $43.50.
www.thearorareport.com
THE ARORA REPORT, Ltd.
HOME OF THE UNIQUE ZYX CHANGE METHOD
DEDICATED SOLELY TO PROFIT FROM CHANGE BY TRADING AND INVESTING
VERIFIABLE PERFORMANCE RECORD
Every closed trade since 2007, without exception, is included in the performance results.
Number of winning positions: 162
Number of losing positions: 10
Average annualized % return per position: 296.77%
………………Check out details .
THE ARORA REPORT, Ltd.
HOME OF THE UNIQUE ZYX CHANGE METHOD
DEDICATED SOLELY TO PROFIT FROM CHANGE BY TRADING AND INVESTING
VERIFIABLE PERFORMANCE RECORD
Every closed trade since 2007, without exception, is included in the performance results.
Number of winning positions: 162
Number of losing positions: 10
Average annualized % return per position: 296.77%
………………Check out details .