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Hey Fools,

For what it's worth, I sold a number of Jan 2016 naked puts with a $10 strike for $1.60 this week and a few more at $1.55.

The bid/ask spread is quite wide, but I found success in placing limit orders at the "last" price. I couldn't get execution at just a penny higher than the last trade.

Despite a nice little run-up in stock price this week, the options didn't move much, which is quite advantageous because the trade continues to offer a nice return (assuming my thesis plays out) with a 20% margin of safety (the stock closed at $12 on Friday).

Hope this is helpful.

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