SPX put option

Wed. 4/5/2017 (11:35 am, PT) FP

sold -1  May 12, 2017  2240 put at $6.10

• credit received:  $610
• probability of success:  88%

Mon. 4/24/2017 (6:52:45 am, PT)

buy back put at $2.50 (debit)

PROFIT:  $360 

SUCCESS!