Look for a bearish market where you anticipate a modest decrease in the price of the stock below the strike price of the short Put option. |
SSO $43.55
Buy to Open (1) Jan 12 48 P @ $5.25Sell to Open (1) Jan 12 43 P @ $2.18
Net Debit: $3.07 ($307.00)
Breakeven: $44.93
Max. Profit: $193.00
Pct Return: 62.9% (33 days)
No comments:
Post a Comment