CALL CREDIT SPREAD, above price:
+1 Buy $35 Call 1/16
-1 Sell $34 Call 1/16
SHORT PUT, below price:
-1 Sell $19 Put 1/16
Credit to open: Approx $150 (TBD)
END RESULT SCENARIO #1: Share price between $19 and $34 @ expiration = Credit to open is max profit (best case scenario).
END RESULT SCENARIO #2: Share price above $35 @ expiration = Credit to open minus $100 (no risk to upside).
3) END RESULT SCENARIO #3: Share price at or below $19 = Assigned to purchase 100 shares for $17.50 per share. (Deal with it already).
+1 Buy $35 Call 1/16
-1 Sell $34 Call 1/16
SHORT PUT, below price:
-1 Sell $19 Put 1/16
Credit to open: Approx $150 (TBD)
END RESULT SCENARIO #1: Share price between $19 and $34 @ expiration = Credit to open is max profit (best case scenario).
END RESULT SCENARIO #2: Share price above $35 @ expiration = Credit to open minus $100 (no risk to upside).
3) END RESULT SCENARIO #3: Share price at or below $19 = Assigned to purchase 100 shares for $17.50 per share. (Deal with it already).
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.