http://finance.yahoo.com/news/strong-buy-stocks-january-11th-143002351.html http://www.zacks.com/stock/news/196441/allstate-q3-earnings-beat-on-strong-homeowners-business http://www.thestreet.com/story/1335...ter-earnings-beat.html?puc=yahoo&cm_ven=YAHOO http://stockcharts.com/h-sc/ui?s=all http://www.msn.com/en-us/money/stockdetails/financials/fi-126.1.ALL.NYS Trade: With ALL at 57.79 Jan '17 45/42.5 bull put spread for a net credit of $30 Yield = 30/220 = 13.6% in 370 days or 13.3% annualized Prob = 80% Price............... Profit / Loss............ ROM % 35.00.................. (220.00)............... -86.40% 40.00.................. (220.00)............... -86.40% 42.50.................. (220.00)............... -86.40% 44.70....................... 0.00................... 0.00% 45.00..................... 30.00.................. 13.60% 47.00..................... 30.00.................. 13.60% 50.00..................... 30.00.................. 13.60% 60.00..................... 30.00.................. 13.60% 70.00..................... 30.00.................. 13.60%
Lot of theta theta to chew up ..... what sort of volume in the spread, can you receive liquidity on 1k lots in and out no issue at bid/ask ?