Question on Bull Put Credit

Discussion in 'Options' started by captainbluff, Apr 19, 2007.

  1. Given the scenario below, I should receive
    200.00 credit on my account. If PCU closes at 75.01 on expiration day, will I get to keep my full credit? Thanks!

    PCU APR 2006 80 PUT @ 2.50

    PCU APR 2006 75 PUT @ 0.50
  2. Tums


    you only get to keep the full credit if the underlying is above the upper strike.

    At $75, you will loose $300.

    the risk graph below can help you visualize your P/L.

    <img src="">