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Trade #9: SLV exit
Exit date: September 20, 2013
The exit: SLV closed above $19/share by the end of September 20, 2013
trading date. Our September short 19 put position expires worthless. This
is the ideal way to exit the trade. The market closes the trade for us.
We don’t need to buy back our short put position.
The result: We exit the trade with a profit of $89 per
contract.
Cheers.
Cheers,
Dennis Phan 潘家墉
20 September 2013
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