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Friday, April 10, 2015

Spiders (SPY) May Put Options

3/24/2015 (9:00:05 am, PT)

sell (to open) 10 May 2015  $197 puts at $1.10 (credit)

Probability of success:  83%


4/10/2015 (10:00:50 am, PT)

buy (to close) all 10 puts at $0.59 (debit)

NET PROFIT:  $480.45

Success!




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