Friday, September 23, 2011

Bull Call Spread (26 Sep 11): TLT

TLT  $120.83
Buy to Open (1) Oct 11 116 C @ $6.35
Sell to Open (1) Oct 11 121 C @ $3.30 
Net Debit: $3.05 ($305.00)
Breakeven: $119.05
Max. Profit: $195.00
Pct Return: 63.9% (28 days)

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