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Friday, March 21, 2014

$SPY March Put Options

2/11/2014

sell (to open) 10 March 2014 $171 puts at $0.77

probability of success:  85%


3/21/2014 (expiration)

SPY closed above $171.  Success!

NET PROFIT:  $755.24  (ROC 2.885% in 5.5 weeks)

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