Friday, July 12, 2013

$SPX Initiated Bear Call Spread - IRA


Bear Call Spread













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




5.3


Strike Price:

$1685










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




$3.7


Strike Price (lower):

$1690










Amount of SHARES you are using:




500



1 Contract = 100 Shares











Margin Requirement (Maximum Risk):




-$3300















Credit Received:

$800
[*net MAXIMUM gain for the trade…]









24.24%



Percent Return on Risk Amount




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