|Simple Trading Ideas||
To read the first part Click Here. As I mentioned in my previous post this is a virtual trade. I bought this MSFT Sep 13 33/36 debit put spread for 1.33. As you can see below it's currently trading for 2.58 which is 93% profit so far. The maximum possible profit of this spread is 125%. There is no sense to wait until September for a few more percentige point so I will exit the trade next week. Below I also included the price chart for MIcrosoft.