Options Trade – Merck & Co Inc (MRK)

I Bought the 10 Put Contracts (50 Strike) for MRK for $100.00 – to close out the trade.  Profit: $650.00 excluding transaction costs.

Pulled the trigger early, the options don’t expire until tomorrow – but the Healthcare Market has been volatile, and I wanted to control the outcome.  Making 87% of the profit target is acceptable.