VZ

Discussion in 'Options' started by oldnemesis, Jan 21, 2016.

  1. http://finance.yahoo.com/news/verizon-vz-tops-q4-earnings-154203319.html

    http://www.forbes.com/sites/nelsong...tix&partner=yahootix#2715e4857a0b51f76ab6f959

    http://www.usatoday.com/story/tech/...scriber-growth-drives-earnings-beat/79098568/

    http://www.msn.com/en-us/money/stockdetails/fi-126.1.VZ.NYS?symbol=VZ&form=PRFIEQ

    http://www.msn.com/en-us/money/stockdetails/financials/fi-126.1.VZ.NYS

    http://www.msn.com/en-us/money/stockdetails/analysis/fi-126.1.VZ.NYS

    http://finance.yahoo.com/echarts?s=VZ+Interactive#{"range":"2y","allowChartStacking":true}

    Trade:
    With VZ at 45.87
    July 40/35 bull put spread for a net credit of $45
    Yield = 45/455 = 9.9% in 176 days or 20.5% annualized
    Prob = 81%
    Expectation = .81(45) - .04(455) - .15(228) = 36.4 - 18.2 - 34.2 = -16

    Price.......... Profit / Loss.......... ROM %
    25.00............. (455.00)............. -90.10%
    30.00............. (455.00)............. -90.10%
    35.00............. (455.00)............. -90.10%
    38.50............. (105.30)............. -21.06%
    39.55.................. 0.00................. 0.00%
    40.00................. 45.00................ 9.90%
    45.00................. 45.00................ 9.90%
    50.00................. 45.00................ 9.90%
    55.00................. 45.00................ 9.90%



    [​IMG]

    140 West Street New York, NY 10007
     
    Last edited: Jan 21, 2016
  2. cstfx

    cstfx

  3. Last edited: Jan 22, 2016
  4. Really surprising strength