Stock / Symbol: [private_monthly]Walt Disney Co / DIS[/private_monthly]
[private_monthly]
Option Strategy: calendar call spread
Trade entry date: Jun 7
Price at trade entry: $39.82
Price at this post: $29.87
Adjustment: We're selling some Oct 33 calls to lower our cost basis.
Trade Details:
[private_monthly]
STO -2 DIS Oct11 33 Calls
for a net credit of $0.25 per contract
Max Risk: $720 (adjusted down from $748)
Profit Range: ($300) @ $33 by Oct expiration
[/private_monthly]
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