Call credit spread:
+1 $31 call 1/19
-1 $30 call 1/19
Short put:
-1 $27 put 1/19
Credit: $135
Outcomes @ Expiration:
1) Share price ABOVE $31 = $35 profit (Buy to close call credit spread).
2) Share price BETWEEN $27 - $30 = $135 profit.
3) Share price BELOW $27 = Sell Calls until assignment.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.