April 26, 2013


Russell 2000 ETF (IWM)


We continue to be bearish on IWM but want to get some premium by selling some puts.



SELL To OPEN 3 IWM May-03 92 Puts now trading at $0.80


IWM is now trading at $92.57
These puts are trading at $0.80
The Total Credit for this trade is $2.40


Do not sell below $0.70


Day Order Only


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