Look for a bullish market where you anticipate a modest increase in the price of the stock above the price of the short Call option. |
TLT $120.83
Buy to Open (1) Oct 11 116 C @ $5.65
Sell to Open (1) Oct 11 121 C @ $2.55
Net Debit: $3.10 ($310.00)
Breakeven: $119.10
Max. Profit: $190.00
Pct Return: 61.3% (20 days)
No comments:
Post a Comment