TradingView
Benji
Feb 15, 2018 5:12 PM

MU short puts Long

Micron Technology, Inc.NASDAQ

Description

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

Trade closed: target reached

This trade triggered my target profit on Friday, closing for $.28 db. $94 total profit.
More