Friday, July 19, 2013

$SPX Bear Call Spread Initiated



Bear Call Spread













Sell to Open (price of the option you are selling):




15.71


Strike Price:

$1700










Buy to Open (price of the option you are buying):




$13.51


Strike Price (lower):

$1705










Amount of SHARES you are using:




400



1 Contract = 100 Shares











Margin Requirement (Maximum Risk):




-$2880















Credit Received:

$880
[*net MAXIMUM gain for the trade…]









30.56%



Percent Return on Risk Amount





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