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Tuesday, July 15, 2014

DIA July Put Options

6/11/2014 (RD)

sell (to open) 2 July 2014 $165 puts at $1.13

probability of success:  70%


7/15/2014 (4 days before exp)

buy (to close) both puts at $0.05

NET PROFIT:  $206.43 (ROC 3.28% in 1 month)

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