Saturday, September 17, 2011

Bear Put Spread (19 Sep 11)

SLV  $39.39
Buy to Open (1) Oct 11 43 P @ $4.40
Sell to Open (1) Oct 11 38 P @ $1.32 
Net Debit: $3.08 ($308.00)
Breakeven: $39.92
Max. Profit: $192.00
Pct Return: 62.3% (34 days)
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