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Thursday, November 30, 2017

SPX put options

Wed. 11/29/2017 (9:42:04 am, PT)

sold short -4 Dec 29, 2017  2505 puts at $5.10

  • probability ITM:  11%
  • credit received:  $2040


Thu. 11/30/2017 (10:13:11 am, PT)

bought back puts at $3.80

PROFIT:  $520 (in ONE day!)