OIH Bull Put Spread

To the right is the first trade that we have made. So far so good.

Description

BAKE-OFF or TRADE-OFF
Which one do you dare?

· Form groups of 4-5 individuals.

· Exchange emails, phone numbers (whatever means to maintain communication)

Here is the challenge:

You have been awarded $100,000 (in your own paper trade account)

You can get a new paper trade account at cboe.com http://www.cboe.com/tradtool/virtualtrade.aspx
Trade for one month (till we meet again)

Maintain your trading journal and at the next meeting present your trades

Stocks to trade only are:

$RUT- Russell 2000 Index
CAL – Continental Airlines
OIH – Oil Service Holders Trust
GS – Goldman Sachs Group