NaughtyPines
Long

TRADE IDEA: VRX OCT 21ST 25 SHORT PUT

NYSE:VRX   VALEANT PHARMACEUTICALS INTERNATIONAL INC
Here, I'm looking to sell some premium at or around the 30 delta strike (this one's at the 25 delta).

Probability of Profit: 70%
Max Profit: $132/contract
Break Even: 23.68

Notes: The notion here is either to keep the premium received if price stays above $25 into expiration or roll the option down and out for additional credit if it doesn't. I'm not sure at this point that I want to be put VRX             at 25 (lower, as always, is better, and I think 19-20 would be "swell", although we'll just have to see).
Comment: Resisting the urge here to pull the trigger on this one. Something better has got to come along ... please.
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out