After I bought it for 47 points (I thought it was 57… but the position was opened on 47) it went down all the way to 16 this morning. I was already though to write off this option. But then today came an amazing rally on the FTSE 100 and on the Dow and the option now worth 58 points. So for those who bought it this morning…

This is important week for this option. If the rally will continue tomorrow then the sky is the limit for this option. If not it will go back to 15-20.

This just prove that if you have patients with this market condition you can make lots of profit. When you have days that the FTSE is up or down by more than 4% you can double your money in just one day.