The strike prices and sell to open calls and put, come to about a $ 64 credit. Is that correct or am I doing something wrong? Reply
Good Catch: The $630 Call should be a BUY, not a sell. Total credit is now around $13. So the original credit I called out is already positive by over $3. I still like the trade but I’d hold out for $15 or more. Hope this helps Reply
The strike prices and sell to open calls and put, come to about a $ 64 credit. Is that correct or am I doing something wrong?
Good Catch: The $630 Call should be a BUY, not a sell. Total credit is now around $13. So the original credit I called out is already positive by over $3. I still like the trade but I’d hold out for $15 or more.
Hope this helps