Bullish bets on two of our top ten names from Monday's close: a consumer stock and a European bank.
I do not see a "PUT Spread" on CELH to exit, what am i missing?
I assume the 45/41s are supposed to be puts?
Right, sorry about that. Corrected.
My mistake, Ken. Just corrected it in the post.
CELH closed up 17% after earnings today. Got out of the put spread part of the combo at $0.13 today, for a gain of 78% on premium collected, and a return of 14% on maximum risk (width of spread).
Exited the call spread today at $3.50.
The previous HIMS call spread referenced was actually $45-$60.
Right, typo on my part, Larry. Corrected. Of course, I wouldn't have been able to exit a 5-point spread at $10.
I do not see a "PUT Spread" on CELH to exit, what am i missing?
I assume the 45/41s are supposed to be puts?
Right, sorry about that. Corrected.
My mistake, Ken. Just corrected it in the post.
CELH closed up 17% after earnings today. Got out of the put spread part of the combo at $0.13 today, for a gain of 78% on premium collected, and a return of 14% on maximum risk (width of spread).
Exited the call spread today at $3.50.
The previous HIMS call spread referenced was actually $45-$60.
Right, typo on my part, Larry. Corrected. Of course, I wouldn't have been able to exit a 5-point spread at $10.