... for a 1.00 credit.
Comments: Just a little dorky way out-of-the-money short put engagement trade ... . 1.00 credit on buying power effect of 14.99; 6.7% at max as a function of buying power effect; 3.3% at 50% max.
Comments: Just a little dorky way out-of-the-money short put engagement trade ... . 1.00 credit on buying power effect of 14.99; 6.7% at max as a function of buying power effect; 3.3% at 50% max.
Comment:
Just as a side note ... . If you look at the options chain, this would have been routed for a 2.00 credit. However, due to "options math" associated with the futures contract, your max on this would be only half that (or 1.00) and 50% of that would be .50.
