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Tuesday, April 1, 2014

$IWM May Put Options

4/1/2014 (8:58 am PT)

sell (to open) 10 May 2014 $115 puts at $2.22

probability of success:  59%


4/1/2014 (12:42 pm PT)

buy (to close) 10 May 2014 $115 puts at $1.88

NET PROFIT (in 4 hours):   $324.47


Note:
I don't normally close my short positions this quickly, but the profits were too attractive to pass up.

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