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XLF. Exit before October 17th. $47 commissions, $10 max loss, worse if volatility drops (IV percentile 25%, right in the middle)


The DirectorThe Director
There is a short position in January— actually it is covered as a reverse calendar but stupid sec margining means it is a margin intensive position (but again max losses are quite small if you exit within 10 days or so) 10/7/17