Neutral/Bullish Financed Call, 3/17/23 Exp

$OUT (ad space REIT)

This trade involves selling a put and using the credit from the short put to buy a long call.

+1 $20 CALL 3/17/23.
---{share price $15.94}---
-1 $12.5 PUT 3/17/23.

$10 credit at order.
Requires $1,250 collateral for the short put.

評論:

Here's a slight variation with a larger credit, as well as add'l profits to start hitting earlier at share price $17.50 (10% from current price).

$12.5 Put 3/17/2023 Exp • Sell -$0.85
$17.5 Call 3/17/2023 Exp • Buy $1.38
$20 Call 3/17/2023 Exp • Sell -$0.75
Total Credit $0.22
Max Profit +$273.00 @ $20 (change in share price: +25%).
Breakeven $12.27 (change in share price: -23%).