BBY is in up trend with strong support around 46 to 47 area. I setup the long position by shorting the June 46 put.
Here is the position:
Sell June 46 Put
Premium: 0.75$
Break even point: 45.25$.
Here is the position:
Sell June 46 Put
Premium: 0.75$
Break even point: 45.25$.
Trade chiuso: obiettivo raggiunto:
Closed at $0.05 after a great earning report. $0.7 profit.