8/2/2013
Sold (to open) 2 Sept. 2013 $80 put options at $0.64
Probability of success: 76%
9/13/2013
These put options had been in-the-money since 8/21, so I decided to buy them back today and break even. PEP was just slightly above my strike price when I closed my position this morning.
I bought back my options for $0.54.
Net gain: $0.98 (breaking even is better than losing money)
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