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Thursday, February 9, 2017

Spiders (SPY) Put Options

Tue. 2/7/2017 (11:32:59 am, PT) FP

sell short -10 March 17, 2017  $220 puts at $1.04

probability of success:  80%


Thu. 2/9/2017 (11:39:12 am, PT)

buy back puts at $0.71

PROFIT:  $330

SUCCESS!