SPY August 212 Puts Hit 70% Target Limit Order

In a recent post I had suggested that a mix of expirations strikes or limit orders could be used to speculate on put option at the recent bearish set-up for SPY.

One of the options was the Aug2016 212 put.  Entry price was 5.15ish.  One of the limit orders suggested was 70%.  That level was achieved today relative to a 5.15 entry.

Another limit order on this same option was 130%.  The fraction of the account put into the trade would differ in each case based on past stats and optimal Kelly Bet position sizing.  But if that order is in place, it still appears to have plenty of time to potentially hit the limit order.

Comment or reply if there are any questions regarding this position.

Pete