Sunday, February 26, 2012

As of closing friday..L/S is profitable!

Closing prices today:
BAC: $7.88   $32 071.60 short $284.90
C: $32.35 $32 350.00 $-10
Profit: $274.90

original $ in trade: $64 716.50
profit: 0.425%

notes:
was interesting seeing a reversal and seeing how the short moved enough not just to offset loss on higher priced C, but also to move the pair trade into profitablilty.

Also just completely random but having 284.90 loss on BAC Thursday, and then same amount profit on Friday.

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