... for a 3.22 debit.
Max Profit: $78/contract
Max Loss/Buying Power Effect: $322 per contract
Break Even/Cost Basis: 3.22/share
Notes: A speculative shot on a high implied volatility biotech underlying ... .
Max Profit: $78/contract
Max Loss/Buying Power Effect: $322 per contract
Break Even/Cost Basis: 3.22/share
Notes: A speculative shot on a high implied volatility biotech underlying ... .
Trade active:
Covered the Oct 4 short call for a .04 db and sold the Dec 3 against for a .23 credit; scratch at 3.03.
Trade active:
Rolling the Dec 3 to the March 2 for a .24 credit; scratch at 2.79.