Expedia Dec '16 PUT SPREAD
Just a first test to see how usable TV is when it comes to option trading idea.
Buy: Dec '16 $125.00 PUT
Sell: Dec '16 $120.00 PUT
Buy: Dec '16 $125.00 PUT
Sell: Dec '16 $120.00 PUT
- Initial outlay: $215 (net debit)
- Maximum risk: $215 at a price of $125 at expiry
- Maximum return: $285 at a price of $120 at expiry
- BE at expiry: $122.85
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