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Friday, July 5, 2013

Russell 2000 ETF (IWM) August 2013 Put Options

6/26/2013

sell 10 August 2013 $89 put options at $1.05

Probability of "success" =  77%


7/5/2013

buy back all 10 put options at $0.35

Net profit:  $684.50 (in 9 days!)  SUCCESS!!!!

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