OPENING: GERN OCT 19TH 4 MONIED COVERED CALL

... for a 3.22 debit.

Max Profit: $78/contract
Max Loss/Buying Power Effect: $322 per contract
Break Even/Cost Basis: 3.22/share

Notes: A speculative shot on a high implied volatility biotech underlying ... .

Trade aktif:

Covered the Oct 4 short call for a .04 db and sold the Dec 3 against for a .23 credit; scratch at 3.03.

Trade aktif:

Rolling the Dec 3 to the March 2 for a .24 credit; scratch at 2.79.