Birdinhand
Short

FEZ Bearish Vertical Put Spread for 10/16/15 Expiration

AMEX:FEZ   SPDR DJ EURO STOXX 50 ETF
This a bearish trade on FEZ using a 10/16/15 vertical put spread. Go long the 10/16 $33.5 put and short the 10/16 $32, with a limit order at $0.50 per contract. The max gain per contract is $100, and the max loss per contract is $50, for a 2:1 risk/reward ratio. Hold until expiration.
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