The chart shows
JNPR
trying to breakthrough the resistance and targeting 41 price.
My plan is to buy In The Money (ITM) options contract , either naked call or spread call
Naked Call : 1st Apr $36 Call
Entry cost: $45.00
Maximum risk: $45.00 (at JNPR$36.00)
Maximum return: infinite (on upside)
Breakeven at expiry: $36.45
Probability of profit: 27.8%
Spread call (35 / 40)
Entry cost: $25.00
Maximum risk: $25.00 (at JNPR$35.00)
Maximum return: $475.00 (at JNPR$40.00)
Breakeven at expiry: $35.25
Probability of profit: 62.2%
JNPR
trying to breakthrough the resistance and targeting 41 price. My plan is to buy In The Money (ITM) options contract , either naked call or spread call
Naked Call : 1st Apr $36 Call
Entry cost: $45.00
Maximum risk: $45.00 (at JNPR$36.00)
Maximum return: infinite (on upside)
Breakeven at expiry: $36.45
Probability of profit: 27.8%
Spread call (35 / 40)
Entry cost: $25.00
Maximum risk: $25.00 (at JNPR$35.00)
Maximum return: $475.00 (at JNPR$40.00)
Breakeven at expiry: $35.25
Probability of profit: 62.2%