JUNO

Discussion in 'Options' started by oldnemesis, Jul 9, 2016.

  1. http://finance.yahoo.com/news/why-juno-therapeutics-juno-stock-160104712.html

    http://finance.yahoo.com/q/is?s=JUNO

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

    Trade:
    With Juno at 27.81
    Jan 50/55 bear call spread for a net credit of $30
    Yield = 30/470 = 6.4% in 193 days or 12% annualized
    Prob = 93%
    Expectation = .93(30) - .04(470) - .03(235) = 27.9 - 18.8 - 7.1 = 2

    Price.... Profit / Loss.... ROM %
    20.00.......... 30.00......... 6.00%
    30.00.......... 30.00......... 6.00%
    40.00.......... 30.00......... 6.00%
    45.00.......... 30.00......... 6.00%
    50.00.......... 30.00......... 6.00%
    50.30............ 0.00......... 0.00%
    55.00....... (470.00)..... -94.00%
    60.00....... (470.00)..... -94.00%
    65.00....... (470.00)..... -94.00%

    at close:
    Symbol.... Bid..... Ask ....Mid
    50 Call.... 0.75... 1.25 ...1.00
    55 Call.... 0.40... 1.00 ...0.70

    Will it fill?? Actually I think it will.
    :)
     
    Last edited: Jul 9, 2016