SM Energy Dec '16 CALL SPREAD
Buy: Dec '16 $30.00 CALL
Sell: Dec '16 $40.00 CALL
Sell: Dec '16 $40.00 CALL
- Initial outlay: $305 (net debit)
- Maximum risk: $305 at a price of $30 at expiry
- Maximum return: $695 at a price of $40 at expiry
- BE at expiry: $33.05
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