Stock Symbol: DIS
Option Strategy: diagonal call spread
Price at Trade entry: $33.23
Amt Risked: $1,164
Current Value: 1,250
Return: 7.22%
Reasoning: [private_monthly]Disney - DIS[/private_monthly] has moved up faster than we expected. We'll close this trade out for a nice 7% gain and then look to re-enter the position soon.
Trade Details:
STC 2 DIS JAN12 30 CALL @ $8.35 = $1,670 Credit
BTC -2 DIS NOV10 35 CALL @ $2.10 = $420 Debit
for a net Credit of: $1,250
Chart:
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