JADE LIZARD Trade for an Aug 8th expiration

232
Credit ~$300

+1 $110 Call 8/8
-1 $109 Call 8/8

-1 $101 Put 8/8

AT EXPIRATION:
PRICE > $110 = profit of $200
PRICE between $101-$109 = profit of $300 (max)
PRICE < $101 = Assigned to purchase 100 shares of BABA @ $98 per share, (avg cost).

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