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.