Posted by jtsurfah on 10th of Jun 2021 at 04:22 pm
CLOV June 18, 13/12 put spread sold right before the close for
$48 per spread. $48 profit if CLOV above 13 at next Friday's
close. Break even at $12.52 (transaction costs not included). Total
risk is $48 per spread. The bid/ask spread was wider than I
like on this one, but it did fill near the midpoint (I adjusted
down 2 cents from .50 to get a fill).
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can you give an example
Not sure if I should share this but I have ...
Posted by money786 on 10th of Jun 2021 at 04:14 pm
can you give an example if a trade you might have done ?Thanks.
CLOV June 18, 13/12 put
Posted by jtsurfah on 10th of Jun 2021 at 04:22 pm
CLOV June 18, 13/12 put spread sold right before the close for $48 per spread. $48 profit if CLOV above 13 at next Friday's close. Break even at $12.52 (transaction costs not included). Total risk is $48 per spread. The bid/ask spread was wider than I like on this one, but it did fill near the midpoint (I adjusted down 2 cents from .50 to get a fill).