Short Put to Finance Long Call, for 1/20/23 Expiration
$MPW.
Bullish, 'bottom-is-in' trade idea.
+1 $11 CALL 1/20/23.
---{current share price: $10.25}---
-1 $9 PUT 1/20/23.
Short put accommodates an add'l 12% of downside. Long call profit starts kicking in at 7% .
Order can be filled for a credit of $0.05.
$900 collateral needed for short put.
Bullish, 'bottom-is-in' trade idea.
+1 $11 CALL 1/20/23.
---{current share price: $10.25}---
-1 $9 PUT 1/20/23.
Short put accommodates an add'l 12% of downside. Long call profit starts kicking in at 7% .
Order can be filled for a credit of $0.05.
$900 collateral needed for short put.