Disclaimer

By browsing and reading content, links, feeds, email notifications, or any other information or service provided on this site, you agree to the
Terms and Conditions of Use

Search This Blog

May 14, 2014

VLO Bull Put spread

  • Strategy: Bull Put Spread
  • Underlying: VLO
  • Trade: SELL -1 VERTICAL VLO 100 JUN 14 52.5/50 PUT @.42 LMT
  • Trade Price: $40 credit per spread
  • Margin: $210 per spread
  • Return on Risk: 19,04%
  • DTE: 38
Risk Profile:

Trade:

VLO had a pretty good size call buyer earlier today, we're going to do a simple bull put spread:

We need VLO above 52.10 by expiration.