Blog - Cypress Investments
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Sold 3 JPM Nov/Dec 41 Put Calendar Spread at 83 cents October 30, 2009
JPM tanked to $42 today and our Calendar spread is making $
Sold 3 contracts of calendar spread at 83 cents
In other words, we sold 3 contracts of the Dec 41 put at $2.36, and covered 3 contracts of the Nov 41 put at $1.53
we still have 2 contracts remaining
booked profit of + $98