April 23, 2013

ARM Holdings (ARMH)


We are closing our ARMH spread for $0.80 we initially got in for $2.00. This is a 150% profit.


BUY To CLOSE 3 May-18 ARMH 40 Calls trading at $3.55
SELL To CLOSE 6 May-18 ARMH 41 Calls trading at $2.80


ARMH is now trading at $43.31
This spread is now trading at $2.00
The Total Credit for this spread is $6.00


Do not sell it for less than $1.80

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