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AlexanderGotay
May 12, 2017 4:17 PM

81% probability trade on XRT (Put Ratio spread)  

SPDR S&P Retail ETFArca

Description

High probability trade on XRT with no risk to the upside. Max profit at $41 our break even at $39.85.

The trade:

Sold Two (-2) 41 Puts for every one (-1) 42 Put for a credit of $0.15 (per contract).

Trade closed: target reached

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