qyu001

$SPY put vertical

Short
qyu001 Updated   
BATS:SPY   SPDR S&P 500 ETF TRUST
Bought Nov. 10th $435-436 put vertical for $0.44

I think the market went up too fast.

If SPY is below $435 by next Friday, I will get $0.56 profit.
Comment:
there is a typo on the chart comment: it should be $435-$436
Comment:
Closed it at $0.45, basically flat.

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