Bull Put Spread on $GME
Updated
GME
Bull Put Spread
Put legs: -30 +24.5
Expiry: Jul 12th
Premium: $ 1,059.00
Contracts: 3
Fees: $ 6.84
Post Fees: $ 1,052.16
Capital Allocated: $ 597.84
Max Gain on position: 175.99%
Will aim to close early, around 50% of the $1052 or close to it, this is a directional play, there is a live stream by RoaringKitty at 11am CST today.
I chose my strikes based on the vol profile indicator.
Bull Put Spread
Put legs: -30 +24.5
Expiry: Jul 12th
Premium: $ 1,059.00
Contracts: 3
Fees: $ 6.84
Post Fees: $ 1,052.16
Capital Allocated: $ 597.84
Max Gain on position: 175.99%
Will aim to close early, around 50% of the $1052 or close to it, this is a directional play, there is a live stream by RoaringKitty at 11am CST today.
I chose my strikes based on the vol profile indicator.
Note
Closed early at 50% loss, RoaringKitty Stream screwed the play
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