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Tuesday, July 17, 2012

Apple July 495/445 Put Spread (OPTIONS)

6/21/2012

-10 July 2012 $495 put option
+10 July 2012 $445 put option

Limit credit:  $0.61

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7/9/2012

close entire option spread at $0.05

Net gain:  $539.48  (1.08% return in 11 trading days)

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