Symbol: MOT
Let's close out our trade on Motorola here:
STC (Sell To Close) 1 MOT Oct10 7 Call @ $1.39 $139
BTC (Buy To Close) 1 MOT Oct10 7 Put @ $0.03 ($3)
for a net credit of: $136
Cost of the spread at trade open $68
Return on Spread: 100%
Capital risked on Trade: $770
Return based on capital risked: 8.83% (before commissions)
Chart:
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