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| 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. |
SSO $47.00
Buy to Open (1) Jan 12 44 C @ $3.85Sell to Open (1) Jan 12 49 C @ $0.85
Net Debit: $3.00 ($300.00)
Breakeven: $47.00
Max. Profit: $200.00
Pct Return: 66.7% (25 days)
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