Friday, September 23, 2011

Bear Put Spread (26 Sep 11): GDX

GDX  $56.41
Buy to Open (1) Oct 11 60 P @ $5.45
Sell to Open (1) Oct 11 55 P @ $2.59 
Net Debit: $2.86 ($286.00)
Breakeven: $57.14
Max. Profit: $214.00
Pct Return: 74.8% (28 days)
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