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Tapia
Apr 17, 2017 9:37 PM

GNC General Nutrition Centers Bearish Short

Description

GNC bear credit spread. GNC C 5 sold for 3.44, GNC C 10 bought for 1.31, so a $212.10 credit taken (after comissions) Max Risk is: 305, Max Reward is: 195. Reasons: Definitely on a downward trend. Around this time of year the stock drops on earnings, it went up once but it dropped back down early. Hence the larger than usual trade amount.
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