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Friday, January 18, 2013

Apple Jan 2013 Put Spread (Options)

12/19/2012

-10 Jan. 2013  $405  put options @  $0.78
+10 Jan 2013  $395  put options @  $0.62


1/18/2013  (expiration Friday)

AAPL closed at $500

entire put spread expired "worthless"

Net gain:  $160  (in one month)

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