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Showing posts with label SPY Oct 2013 debit put spread. Show all posts
Showing posts with label SPY Oct 2013 debit put spread. Show all posts

Thursday, October 10, 2013

Spiders (SPY) Debit Put Spread

9/20/2013

buy 1 Oct. 2013 $171 put option at $2.03
sell 1 Oct. 2013 $169 put option at $1.36

Net debit:  $67 (initial investment amount)


10/10/2013

close the entire position

Net profit:  $52.86

ROI:  78% (in 20 days)

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