Review: Profits from US stock market prediction for the week May 18-22

6 put  options of dow and nasdaq ( in total 12) were purchased based on weekly prediction of correction before/by thursday spread over 3 buying  levels.   As seen in chart ( ignore Friday chart) on wednesday while these were marginally profitable , by thursday( with trading still on today but no intra day prediction) the position on 12 lots is heavily profitable in the approximate range of  $3000 to $ 5000 ( this range is given because on monday while open values were flat for a infitesmal second before indices shot up over 100 points/ 20 points)nasdaq).        As posted on May 18     US stock market prediction -May 18-22 US market may see a mixed a pattern this week with significant correction by mid week ( before thursday closing)- end of week may see a bounceback. Buy 2 dow and nasdaq puts each on flat or positive opening today and add up to 6 puts of each for every 70 point ( 15 point for nasdaq) rise in dow 30 index till tuesday.. ( This may become profitable even today-see intra day prediction above to be posted soon) disclaimer: all risk to be borne by trader for using these predictions

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