GMCR position entered. 2:1 bear put spread long Dec '12 $14 put $1.73, short 2X Dec '12 $7 put .22 x 2 = .44 Net $1.29 debit Max risk: $1.29 Max gain: $5.71 Spread % 38 Stock price: $ 18.04 Reward/risk 5:1