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Friday, January 6, 2017

Spiders (SPY) Put Options

Wed. 12/21/2016 (10:30:57 am, PT)  RD

sell short −2 Jan 25, 2017  $222 puts at $1.42

probability of success:  69%


Fri. 1/6/2017 (6:30:02 am, PT)

buy back puts at $0.65

PROFIT:  $154


SUCCESS!