Post by optionsgarden on Jun 10, 2013 19:29:26 GMT
WFC trade... playing with a format, any feedback appreciated.
- Chad
- Chad
| Date | 6/10/2013 |
| U/L | WFC |
| Price | $41.3 |
| IV | 23.2 |
| IV % | 32 |
| Beta | 1.37 |
| Dividend | Yes |
| Takeover Risk? | No |
| 52 Week Range | $30.34 - $41.59 |
| Strategy | Long Put Spread |
| Trade | Bought July 42/41 Put Spread |
| Qty | 25 |
| Entry | .50 |
| Exit | .81 |
| Est. Profit | $775 |
| BP | $1,250 |
| POP | 50% |
| Days | 39 |
| ROC | 62% |
| ROC / Day | 1.6% |
| Est. Risk | $1,250 |
| Assumption | Couldn't find anything to do all day, so ended up resorting to this put spread in WFC since I was able to have positive theta on the trade with the skew clearly to the upside in WFC. |