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Tuesday, May 8, 2012

Apple May 2012 $500 put option

4/19/2012

Sell (to open) 2 May 2012 $500 put options @ $4.41


5/8/2012

Buy (to close) both options at $0.50

Net gain:  $782  (in 2.5 weeks)

Initial investment amount:  ZERO!!!!

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