GM has been pulled back from 38. It is time to long GM. Setup the position by selling short of the Jun 32 Put.
Position: Short June 32 Put
Credit received: 0.62
Target: 50% of the premium (0.32).
Position: Short June 32 Put
Credit received: 0.62
Target: 50% of the premium (0.32).
Commentaire:
Break Even point: 31.38
Trade fermée: cible de profit atteinte:
Buy back the position by $0.27. The profit target is reached.
Profit: $0.35 per contract.
Profit: $0.35 per contract.