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Synaptic724
Jul 23, 2019 1:36 PM

HLT Put spread Short

Hilton Worldwide Holdings Inc.NYSE

Description

Put Spread 92.5/82.5 Debit $2.63 max gain is $7.37

Max loss is $1.3 Max gain is $4

Possible breakdown if earnings pan out against the stock.

Risk is minimal but continuation is more likely due to market conditions and rate cuts. October 18th Exp

Trade closed: stop reached

Closed trade as earnings were good
Comments
Synaptic724
Took a loss on this $100
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