Spiders (SPY) Put Options

Thu. 2/16/2017 (10:39:09 am, PT) FP

sell short -10 March 31, 2017  $223 puts at $0.91

probability of success:  83.50%


Wed. 2/22/2017 (10:51:52 am, PT)

buy back puts at $0.57

PROFITS:  $340

SUCCESS!