SODA April 2012 $30 Puts

2/23/2012

Sell to open 10 April 2012 $30 puts at $1.00

probability of expiring ITM:  20%

earnings announcement:  2/29 before Opening Bell

Market Maker expected move:  plus or minus $6.02

2/28/2012

Buy to close at $.60

Net gain:  $400 in 3 trading days 

Initial investment amount:  ZERO!!

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This options trader teaches at Lilia's Investing Academy in Albany.  

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