FXI put spreads

Getting long Chinnnaaahh (Donald voice) via credit put spreads @ $1.77. I went ITM to be a bit more directional.

Mar16 40/48 put spread

POP: 56%
Max Loss: $625
Max Win: $175

Stop loss: Price at $44.45 or 2x credit received
Target: 50% of credit received

short 48 put: 61 delta
long 40 put: 6 delta.

Trade closed manually:

Incredibly, this trade took this morning for 50% in just a day.

Profit taken at $.80/spread - $97/spread.