SPX put option

Fri. 3/31/2017 (9:54:50 am, PT) FP

sold -1 May 12, 2017  2280 put at $11.90

• credit received:  $1190
• probability of success:  80%

Mon. 4/24/2017 (6:55:16 am, PT)

buy back put at $4.20

PROFIT:  $770

SUCCESS!