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NaughtyPines
Jan 17, 2022 7:07 AM

Opening: /CL February 16th 83/85 Long Put Vertical Short

Crude Oil FuturesNYMEX

Description

... for a 1.07 debit.

Comments: Taking a short position in /CL in the February expiry with this spread at the double top. $930 max profit; $1070 max loss. Will look to money, take, run at 110% of what I put it on for.
Comments
DannyFoss
Why not sell the call? For the defined risk aspect?
NaughtyPines
@DannyFoss, You could probably do that, too.
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