SPX put options

Tue. 11/7/2017 (8:58:06 am, PT)

sold short -4 Dec 6, 2017  2485 puts at $5.10

• probability ITM:  12%
• credit received:  $2040

Thu. 11/16/2017 (9:27:47 am, PT)

bought back puts at $3.80

PROFIT:  $520

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