Thursday, March 15, 2012

ITM LEAPS Call (15 Mar 12): JPM

Buy an ITM LEAPS Call with a delta of .60 or higher.

JPM  $43.58
Buy to Open (1) Jan 13 40 C @ $5.95
Net Debit: $5.95 ($595.00)
Profit Target (50%): $8.95 ($895.00)

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