Closing Trade – GOOG put spread

Today we closed our put spread trade on Google:

STC - 1 - GOOG Sep 480 put for $23.70
BTC - 1 - GOOG Sep 460 put for $12.70

for a net credit of $11.00. As our cost for entering this trade was $5.33 on Aug 11th, we've captured a nice 106.4% gain in 9 days.

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