May 14, 2013


We are adding to our IWM puts another 50% of the initial position. This add is only for clients that hold the initial trade.
We continue to believe the market should have a small pullback.
We believe we should have a small and short lived pullback and want to be positioned for when this comes.


BUY To OPEN 1 Aug-17 IWM 95 Put trading at $2.89


IWM is now trading at $97.47
These puts are trading at $2.89
The total debit of the trade is $2.89


Do not pay over $3.00


Day Order Only

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