Spiders (SPY) Put Options

Mon. 1/9/2017 (9:16:07 am, PT)

sell short  −10 Jan 20, 2017  $224 puts at $0.55

probability of success:  70%


Wed. 1/11/2017 (12:57:31 pm, PT)

buy back puts at $0.35

PROFIT:  $200

SUCCESS!