Options Trading part 3..

My trade on Monday of 4 UPS options contracts, made 21% ROI in 24 hours, and I said it was miserable.. Purchase price US$2.30 per option share (4 contracts = US$920.00)

I have issued a Sell to Close order on those 4 contracts today at US$4.80 per option share.. US$1,920.00 for a whopping 108% returns on investment in 48 hours!!! WOOHOO!!

Buy $920.00
Sell $1,920.00
Profit $1,000

ROI $1,000 / $920 = 108%

this brings my average ROI from 37.6% to 50.8%