Stock / Symbol: [private_monthly]Disney / DIS [/private_monthly]
Price at trade post: $39.20
Option Strategy: put spread
Reasoning: While we do have a long position in this stock, we technically do not see this stock rising above $41 by this Friday's options expiration. This trade has a 96% probability of success
Max Risk: $720
Max Reward: $80 or 11.11% by Jul 15th
Profit Range: $0 - $41.10
Max Profit at: $0 - $41 by Jul 15th
Trade Details:
[private_monthly]
STO -8 DIS Jul11 41 Puts
BTO 8 DIS Jul11 42 Puts
for a net debit of $0.90 per contract (day order, limit order)
Requirements:
Cost/Proceeds $720.00
Option Requirement $0.00
Total Requirements $720.00
Estimated Commission $20.00
[/private_monthly]
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