http://stockcharts.com/h-sc/ui?s=spy
With SPY at 203.13
Sept 205/200 bear put spread for a net debit of $207
Price........ Profit / Loss........ ROI %
150.00............ 293.00.......... 141.55%
170.00............ 293.00.......... 141.55%
190.00............ 293.00.......... 141.55%
200.00............ 293.00.......... 141.55%
202.93................ 0.00............. 0.00%
205.00........... (207.00)....... -100.00%
210.00........... (207.00)....... -100.00%
235.00........... (207.00)....... -100.00%
250.00........... (207.00)....... -100.00%
lottery ticket.
references are too many to quote.
With SPY at 203.13
Sept 205/200 bear put spread for a net debit of $207
Price........ Profit / Loss........ ROI %
150.00............ 293.00.......... 141.55%
170.00............ 293.00.......... 141.55%
190.00............ 293.00.......... 141.55%
200.00............ 293.00.......... 141.55%
202.93................ 0.00............. 0.00%
205.00........... (207.00)....... -100.00%
210.00........... (207.00)....... -100.00%
235.00........... (207.00)....... -100.00%
250.00........... (207.00)....... -100.00%
lottery ticket.
references are too many to quote.

....if I have a good day in the market...i want to buy this 2004 Benz SL500