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Thursday, April 21, 2016
Spiders (SPY) Call Options
4/14/2016
(9:44:14 am, PT)
sell -10 May 2016 $213 calls at $0.95
Why did I place this trade?
stochastics in overbought region
77% probability of success
4/15/2016
(11:14:15 am, PT)
buy back all 10 puts at $0.71
PROFIT: $240
(in ONE day!)
SUCCESS!
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