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rockgy
May 3, 2017 2:20 PM

Long BBY by Short June 46 Put 

NYSE:BBY1D
Best Buy Co., Inc.NYSE

Description

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BBY is in up trend with strong support around 46 to 47 area. I setup the long position by shorting the June 46 put.



Here is the position:
Sell June 46 Put
Premium: 0.75$
Break even point: 45.25$.

Trade closed: target reached

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Closed at $0.05 after a great earning report. $0.7 profit.
BBYputLONG
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