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Wednesday, October 5, 2016
SPY Put Options
Wed. 9/28/2016
(8:02:18 am, PT)
sell (to open) -10 Oct 7, 2016 $211 puts at $0.61
Why did I place this trade?
78% probability of success
9 days 'til expiration
Fri. 9/30/2016
(9:40 am, PT)
buy back all puts at $0.23
PROFIT: $380
(in TWO days!)
SUCCESS!
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