Protective play
Vertical PUT debit spread 280/275 x20
Expires 3/20
Cost: $100
Max Potential Profit: $9900
2/25 Sold 3 for $105
New Cost: $10
New Max Potential Profit: $8415
2/27 Sold 5 for $500
3/5 Sold the remaining 12 for $960
Gain: 1465%
14.65% of max potential profit
Execution detail:
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