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Tuesday, January 10, 2017

Spiders (SPY) Put Options

Wed. 1/4/2017 (10:02:58 am, PT)  RD

sell short -10 Jan 27, 2017  $219.50 puts at $0.66

probability of success:  82%


Tue. 1/10/2017 (7:46:50 am, PT)

buy back puts at $0.32 (50% of max)

PROFIT:  $340


SUCCESS!