### Comment:
goes down to $1700, he loses the premium ($100K) he paid. $1690 means his profit is 1700-1690=$10; 10-3.45 (premium he paid per contract) = $6.55; $6.55\*100\*300= $196,500 profit if amazon goes down to $1690.

### REPLY:
Lol 69

### END.