Trade Alert - (SPY) Expiration October 20, 2014

As a potentially profitable opportunity presents itself, John will send you an alert with specific trade information as to what should be bought, when to buy it, and at what price. This is your chance to ?look over? John Thomas? shoulder as he gives you unparalleled insight on major world financial trends BEFORE they happen.

Trade Alert - (SPY) - Expiration

Expiration of the S&P 500 (SPY) October, 2014 $202-$205 in-the-money bear put spread at $3.00

Closing Trade

10-20-2014

expiration date: October 17, 2014

Portfolio weighting: second 10%

Number of Contracts = 38 contracts

Our bet that the S&P 500 would closed below $202 on the October 17 expiration proved wildly successful. It proved the best time in three years to strap on this kind of bearish trade.

The S&P 500 fell so far, so fast that the (SPY) October, 2014 $202-$205 in-the-money vertical bear put spread moved close to its maximum expiration value almost immediately.

Your broker should credit the full profit for this position in your account this morning, and release the margin requirement. If they don?t, you should get on the phone immediately.

Here are the values you need you need to close out this position:

Long 38 October, 2014 (SPY) $205 puts at?????$16.53
Short 38 October, 2014 (SPY) $202 puts at..??.$13.53
Net Cost:??????????????????.....$3.00

Profit: $3.00 - $2.66 = $0.34

(38 X 100 X $0.34) = $1,292 or 1.30% profit for the notional $100,000 portfolio.

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