Posted 2 weeks ago:
That vertical is around $40 right now, a nice return on a $500 BP investment if covered now. Although unlikely to hit 330 in 5 days...
120 on 500 including com....That is 25% return in 2 weeks...
Here at $320 price is touching the upper BB, I think selling a vertical call spread 2-3 weeks out is a fairly safe bet. Remember time works for you here assuming price staying close to entry...
Looking at the 330/335 May19 for $175...
That vertical is around $40 right now, a nice return on a $500 BP investment if covered now. Although unlikely to hit 330 in 5 days...
120 on 500 including com....That is 25% return in 2 weeks...
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