Ratio Put Spread (stochastics rising)
buy +4 July 2015 $202 puts at $2.56
sell -8 July 2015 $201 puts at $2.355 (28% probability ITM)
net credit received: $2.15 x 4 x 100 = $860
max potential profit: $1260
7/14/2015
buy back 4 July 2015 $201 puts at $0.04 to remove the risk
let debit put spread expire on 7/17
NET PROFIT: $826.68
Success!
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