Quote from cactiman:
I wouldn't lie to you about money atticus!
You forgot to ask which month.
SELL -1 VERTICAL AAPL 100 JAN 13 600/595 PUT @2.57 LMT
$257.00-$3.00=credit $254.00/$243.00 Max Loss = 104.53% profit
I reckon the odds of AAPL being at 600 or above by then are pretty good!
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Well, I suspected it was '13, but was too lazy to check. At least it's an even-money proposition. You know that's an even-money prop for many months... just an FYI.

