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. |
DIA $126.45
Buy to Open (1) Mar 12 130 P @ $5.30
Sell to Open (1) Mar 12 125 P @ $2.53
Net Debit: $2.77 ($277.00)
Breakeven: $127.23
Max. Profit: $223.00
Pct Return: 80.5% (48 days)
No comments:
Post a Comment