Stock / Symbol: Exelon / EXC
Option Strategy: bear call spread
Date of trade open: March 14th
Price at trade entry: $42.70
Price at trade exit: $40.31
Max Risk: $450
Max Reward: $150 or 33% by Apr 2011 expiration
Realized Reward: $120 or 26.67%
Details: We closed the trade today at a net debit of $0.05 per contract. Doing so has netted us $0.20 per contract as we opened the trade by selling at $0.25 per contract.
Trade Details:
BTC -6 EXC Apr11 44 Calls
Buy STC 6 EXC Apr11 45 Calls
for a net debit of $0.05 per contract
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