Opening (Margin): /GC November 22nd 1380 Short Put*

... for a 1.40 credit.

Comments: A pure directional shot at 52-week lows with plenty of room to be wrong. 1.40 credit on buying power effect of 10.04; 13.9% ROC at max as a function of buying power effect; 7.0% at 50% max.

* -- An out-of-the-money short put is neutral to bullish assumption, with max profit being realized on a finish at or above the short put strike.