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$10,000 Option Challenge- Introduction

|Includes: AAPL, SPDR S&P 500 Trust ETF (SPY)

We start this journey on Monday, November 28th., 2011. We are going to venture out and try to grow $10,000.00 by 50% in 6 months using credit spreads on weekly options. I will strickly trade the SPY, and possibly AAPL.

I will divide the money into 2 accounts each with $5000.00. And we will be look at two types of Spreads, the Bear Call Spread and the Bull Put Spread.

Each week I will make one option trade for each account. I will write and comment on each trade Monday, Wednesday, & Fridays.

Follow along and see how we do!

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.