SOLD VRX SEPT 16TH 17.5 SHORT PUT
Updated
... for a .91 ($91) credit ... .
Here are the metrics:
Probability of Profit: 76%
Max Profit: 91/contract
Max Loss/Buying Power Effect: Undefined/175/contract
Break Even: 16.59
Notes: I'll look to take this off at 50% max profit. Not interested in being married to a position with this cluster of a company ... .
Here are the metrics:
Probability of Profit: 76%
Max Profit: 91/contract
Max Loss/Buying Power Effect: Undefined/175/contract
Break Even: 16.59
Notes: I'll look to take this off at 50% max profit. Not interested in being married to a position with this cluster of a company ... .
Trade closed manually
Covering this for an .85 debit, which is basically a scratch. Have my eye on "sexier" plays ... .
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