Stock / Symbol: [private_monthly]SalesForce.com / CRM [/private_monthly]
Price at trade entry: $115.55
Option Strategy: put spread
Update: We were filled at $2.25 per contract
Position Details:
[private_monthly]
Long 3 CRM Nov11 115 Puts
Short -3 CRM Nov11 110 Puts
[/private_monthly]
Max Risk: $675
Max Reward: $825 or 122% by Nov 2011 exp
Profit Range: $0 - $112.70 by Nov 2011 exp
Max Profit at: $0 - $110
Suggest Upside Stop: $137.10
[/private_monthly]
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