http://finance.yahoo.com/news/baxter-bax-now-strong-buy-200008177.html http://www.fool.com/investing/gener...ce=yahoo&utm_medium=feed&utm_campaign=article http://www.encyclopedia.chicagohistory.org/pages/2564.html http://www.msn.com/en-us/money/stockdetails/financials/fi-126.1.BAX.NYS http://finance.yahoo.com/q/ks?s=BAX+Key+Statistics http://finance.yahoo.com/echarts?s=BAX+Interactive#{"range":"2y","allowChartStacking":true} http://stockcharts.com/h-sc/ui?s=bax Trade: With BAX at 39.80 Aug 32.5/37.5 bull put spread for a net credit of $35 Yield = 35/465 = 7.5% in 162 days or 17% annualized prob = 91% Expectation = .91(35) - .01(465) - .08(233) = 31.8 - 4.6 - 18.6 = 8.6 Price........... Profit / Loss........... ROM % 20.00.............. (465.00)............. -92.50% 25.00.............. (465.00)............. -92.50% 27.50.............. (465.00)............. -92.50% 32.10.............. (5.20).................. -1.04% 32.15............... 0.00..................... 0.00% 32.50............. 35.00..................... 7.50% 35.00............. 35.00..................... 7.50% 40.00............. 35.00..................... 7.50% 45.00............. 35.00..................... 7.50%