zach6667

'Financed Spread' Trade Idea for a 1/20/23 Expiration

Long
zach6667 Updated   
NYSE:NEM   Newmont Corporation
"Financed Spread" idea.
1/20/23 Expiration.

SELL $50 Call.
BUY $45 Call.
--{Current Share Price: $42}--
SELL $40 Put.

The credit will be around $166 and the collateral will be $4,000.

The max gain of $666 hits at a share price of $50 (19% price gain from current (10/1) price).
Comment:
Financed VERTICAL is what I meant to call it...
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