HAIN

[oldnemesis]

https://www.zacks.com/commentary/90584/bear-of-the-day-hain-celestial-hain

http://www.msn.com/en-us/money/tops...group-inc-fell-30percent-in-august/ar-AAipq2T

http://stockcharts.com/h-sc/ui?s=hain

Trade:
With HAIN at 35.38
Feb '17 50/55 bear call spread for a net credit of $30
Yield = 30/470 = 6.4% in 155 days or 15% annualized
Prob = 91%
Expectation = .91(30) - .05(470) - .04(235) = 27.3 - 23.5 - 9.4 = -5.6

Price............ Profit / Loss.......... ROM %
26.00.................. 30.00.............. 6.40%
35.00.................. 30.00.............. 6.40%
45.00.................. 30.00.............. 6.40%
50.00.................. 30.00.............. 6.40%
50.30.................... 0.00.............. 0.00%
51.69................ (139.30)......... -27.86%
55.00................ (470.00)......... -93.60%
60.00................ (470.00)......... -93.60%
65.00................ (470.00)......... -93.60%