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SM Energy Dec '16 CALL SPREAD

Long
SM Energy Company (NYSE:SM)  
gremlin  
NYSE:SM   SM Energy Company
options
1
0
options
Buy: Dec '16 $30.00 CALL
Sell: Dec '16 $40.00 CALL

  • Initial outlay: $305 (net debit)
  • Maximum risk: $305 at a price of $30 at expiry
  • Maximum return: $695 at a price of $40 at expiry
  • BE at expiry: $33.05

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