I'd like to get a reality check.
HSY trading at $39
http://www05.wolframalpha.com/input/?i=hsy
With papertrading on TOS, both the Aug/Nov put spread $20 and the call spread $50 could be bought at $.05 on 7/22
Margin =0, total investment less than $100 (fees, bid/ask) for 10 contracts...