### Comment:
90% profit sounds good to me

### REPLY:
That’s maximum possible profit on a put by itself if timed right and taken out to expiration. On a straddle it’s going to be far less (as I used in the example, if you pay $7 for a straddle on shares worth a little over $8, the most you can possibly make on the short side is a little over a dollar, or 12%.)

### END.