April 17, 2013


SPDR (SPY)


We are closing our SPY trade now at $5.11 we initially got in for $2.88. This is a 77% profit in this trade.

BUY To CLOSE 2 SPY Apr-20 154 Puts trading at $0.71
SELL To CLOSE 2 SPY Jun-22 158 Puts trading at $5.75


SPY is now trading at $155.00
This spread is now trading at $5.11
The Total Credit for this trade is $10.22

Day Order Only

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