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Friday, March 1, 2013

Spiders March wk 1 $151 put options

2/22/2013  (Friday)

sell 2 SPY  March week 1 2013  $151 put options at $1.00

These options were at-the-money.


3/1/2013  (expiration)

SPY closed at $152.11.
My options expired perfectly!

Net gain:  $198.45  (1 week)

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