### Comment:
I'm essentially betting that the stock won't finish below $35.5 next Friday. If it finishes below $35 then I lose my entire investment. If it's finishes above $35.5 then I keep the net premium which in this case was $10 a spread. (20% gain risking 100% loss but that only happens if there is a ~5% move down) 
  
  
 Google put credit spread. They are pretty common plays.

### REPLY:
Ahhh ok, I was confused cause of the 1 ahead of the 35.5 - thanks for the explanation!

### END.