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Friday, September 21, 2012

Priceline Sept 515/510 Put Spread (options)

8/17/2012

sell 10 Sept. 2012 $515 put options

buy 10 Sept. 2012 $510 put options

Net credit:  $0.22


9/21/2012

both put options expired "worthless"

Net gain:  $197.58  (3.95% return in 4 weeks!)

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