Philip Morris International Inc
Long
Mis à jour

PM Earnings play

84
2.31 cost of spread 77.5/85

Earnings play as vaping is moving into a recession due to fears and cigarette sales may be higher.

It also bounced after Altria deal fell through.

Max gain will be 25% of the spread which is a sale price of $3.60
Max gain is $130.

Max loss is $130
Ordre annulé
Cancelled as I thought it was too risky

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