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Monday, March 31, 2014

$SPY May Put Options

3/19/2014 (Wed)

sell (to open) 10 May 2 2014 $183 puts at $2.09

probability of success:  65%


3/31/2014 (Mon)

buy (to close) all 10 puts at $1.45


NET PROFIT:  $617.47  (ROC = 1.71% in 12 days using margin)

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Learn to trade options with Lilia.
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