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ferretmoney

08/31/19 2:31 AM

#212014 RE: KevGee59 #211963

Sorry but it looks definitely like a bear put spread. The prices ($.11 and $.42) indicate that the $10 put was sold and the $12 put was bought. That’s either a bearish bet or a partial hedge against a long position. It could also be part of a more complex strategy with legs that we haven’t identified.