Long MU longer term via short $36 puts, $.75 credit each.
I spread off some of the BP req in IRA with $28 puts.
Will manage these guys around 60-70% net credit received profit.
POP: 80%
BPR: $1,450 (also max loss if MU got cut in half)
Max Win: $150
I spread off some of the BP req in IRA with $28 puts.
Will manage these guys around 60-70% net credit received profit.
POP: 80%
BPR: $1,450 (also max loss if MU got cut in half)
Max Win: $150
Trade closed: target reached:
This trade triggered my target profit on Friday, closing for $.28 db. $94 total profit.