### Comment:
$30 put for jan 2020 gets you $250 at the cost of tying up $3000 collateral for a year. i guess it's not terrible if you got some cash lying around and are too scared to buy calls.

### REPLY:
Or sell it as a $20/$30 spread for right at $200, while only tying up $1000 in capital. 20% return in 15 months is nothing to sneeze at.

### END.