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Friday, April 20, 2012

AAPL April $515 put


sell to open 2 April 2012 $515 puts @ $4.55

Net credit:  $908.45

Maintenance required:  $11,011 (using margin)

4/20/2012  (expiration Friday)

AAPL closed at $573.50, so I let it expire.

Net gain:  $908.45  (8.25% return in four weeks!)

Initial investment amount:  ZERO!!!!!  
(this means that I spent NO money to make $908.45!)


Learn to sell put options and you, too, can be making these types of profits!

This options trader teaches at Lilia's Investing Academy.  Click here to view the full schedule of upcoming classes.