http://finance.yahoo.com/news/labcorp-lh-tops-q1-earnings-140202812.html http://www.msn.com/en-us/money/stockdetails/financials/fi-126.1.LH.NYS http://finance.yahoo.com/echarts?s=LH+Interactive#{"range":"2y","allowChartStacking":true} Trade: With LH at 123.80 Nov 100/95 bull put spread for a net credit of $50 Yield = 50/450 = 11.1% in 204 days or 19.9% annualized Prob = 88% Expectation = .88(50) - .07(450)- .05(225) = 44 - 31.5 - 11.2 = 1.3 Price.............. Profit / Loss........ ROM % 75.00................. (450.00)............. -88.89% 85.00................. (450.00)............. -88.89% 95.00................. (450.00)............. -88.89% 99.50..................... 0.00.................. 0.00% 100.00................. 50.00................ 11.11% 105.00................. 50.00................ 11.11% 120.00................. 50.00................ 11.11% 130.00................. 50.00................ 11.11% 140.00................. 50.00................ 11.11% filled AT $50 (10.00 AM)