Short

OPENING (LATE POST): /GE DECEMBER 19TH '22 98.50/98/75 LPV

By NaughtyPines
... (long put vertical) for a .25/contract debit.

Notes: Here a bearish assumption bet that 3 month Libor returns to pre-pandemic levels by the end of 2022 (i.e., below 98.50). Risking .25 ($25) to make 6.00 ($600). Obviously, an extremely long duration trade, but with a 24:1 reward:risk ratio.
Beyond Technical AnalysisGE1!longputverticaloptionsstrategies

Disclaimer