Synaptic724

SPLK Put Spread

Short
NASDAQ:SPLK   None
Put Spread $3.25

Target Profit is $340. Max loss is $195 Expiry is October 18th.

Max loss is if it flys up to 120 and blows me up and if it continues trending it may move lower to 100 its more likely as negative news may outweigh the market next month but these china concessions are interesting we'll see how it works out.

Max gain is $100 target on the underlying
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