OPENING: /ES OCTOBER 16TH 3550/3560 LONG PUT VERTICAL E-MINI S&P 500 FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) CME_MINI:ES1! NaughtyPines Metrics: Max Loss: $250 Max Profit: $250 Break Even: 3555 Notes: In a fit of boredom, putting on a small risk one to make one long put vertical here with max profit realized on a finish below 3550. This seems counterintuitive, since the short put is monied, and you generally don't get a risk one/make one spread without straddling the strikes across the money. In this particular case, it's due to skew. In any event, will look to start to take profit at 25% max.