gremlin
Short

Expedia Dec '16 PUT SPREAD

NASDAQ:EXPE   EXPEDIA INC DEL
40 1 1
Just a first test to see how usable TV is when it comes to option trading idea.

Buy: Dec             '16 $125.00 PUT
Sell: Dec             '16 $120.00 PUT

  • Initial outlay: $215 (net debit)
  • Maximum risk: $215 at a price of $125 at expiry
  • Maximum return: $285 at a price of $120 at expiry
  • BE at expiry: $122.85
Dope. Sweet 133%.
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