12/19 INTC Bear-Call Spread Opened
Updated
We went short today with a bear call spread and less than a month until expiration. Our risk reward for our contracts was an even 1:1, with the breakeven at the 37.50 strike price. Our stop loss is at breakeven to manage our risk to the lowest point possible.
Comment
Error in our breakeven mark. It's 37.25, not 37.50.
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