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Energy and energy issues shouldn't lose stream until after Labor Day. We only are staying for 32 days. Let's add EENC to our plays and sell the following:

EENC Enterra Energy: Currently trading at $24.57

SELL EENC August 22.5 put (EMU-TX)
Target Price $0.75 or $75
Potential Profit (5 X) = $375
Initial Margin: $2,867 5 contracts
Return on Investment = 13.08%
Cost Basis in Stock = $21.75
Days to Expiration = 32

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