DG

Discussion in 'Options' started by oldnemesis, Sep 7, 2016.

  1. http://finance.yahoo.com/news/strong-sell-stocks-september-7th-151103396.html

    http://stockcharts.com/h-sc/ui?s=dg

    Can't compete with WMT

    Trade:
    With Dg at 71.87
    Jan 85/90 bear call spread for a net credit of $35
    Yield = 35/465 = 7.5% in 130 days or 21% annualized
    Prob = 89%

    Price........ Profit / Loss........ ROM %
    53.90.............. 35.00............. 7.00%
    65.15.............. 35.00............. 7.00%
    76.99.............. 35.00............. 7.00%
    85.00............. 35.00............. 7.00%
    85.35............... 0.00............. 0.00%
    88.82.......... (347.40).......... -69.48%
    90.00.......... (465.00).......... -93.00%
    100.66........ (465.00).......... -93.00%
    112.50........ (465.00).......... -93.00%

    Filled at $35
     
    vanzandt likes this.