Spiders (SPY) Put Options

Fri. 2/17/2017 (8:53:09 am, PT) FP

sell short -10 March 24, 2017  $226 puts at $0.96

probability of success:  80%


Wed. 2/22/2017 (10:39:29 am, PT)

buy back puts at $0.58

PROFIT:  $380

SUCCESS!