$FIT Iron Fly
Buy: 11/22 3p for .13
Sell: 11/22 4p for .55
Sell: 11/22 4c for .44
Buy: 11/22 5c for .19
Net Credit: $0.67 (Max profit if pinned at $4)
BP Reduction: $0.33
Buy: 11/22 3p for .13
Sell: 11/22 4p for .55
Sell: 11/22 4c for .44
Buy: 11/22 5c for .19
Net Credit: $0.67 (Max profit if pinned at $4)
BP Reduction: $0.33
Trade active:
So... Google rumors happened. Still time left though. Defined risk strategy so will not do much management. Will give it time to come back to earth if a) the deal falls through or b) the buyout price is in profit zone.
Trade closed manually:
Taking the L.