Opening (Margin): /GC November 22nd 1380 Short Put*

Opening (Margin): /GC November 22nd 1380 Short Put*


… for a 1. 40 credit.

Comments: A pure directional shot at 52-week lows with plenty of room to be wrong. 1. 40 credit on buying power effect of 10.04; 13.9% ROC at max as a function of buying power effect; 7.0% at 50% max.

* — An out-of-the-money short put is neutral to bullish assumption, with max profit being realized on a finish at or above the short put strike.

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