April 26, 2013



Russell 2000 ETF (IWM)


Bias: Bearish
Price Target: $88


We are bearish in IWM and want to purchase some puts to take advantage of the possible move lower.



BUY To OPEN 3 Jun-22 IWM 93 Puts trading at $2.25


IWM is now trading at $93.67
These puts are trading at $2.25
The total Debit of this trade is $7.75


Do not pay over $2.30 per put


Day Order Only

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