Bull Put Spread idea on Priceline (PCLN) by DAN You must be logged in to view this content. Please log in Open Trades
chriscaldo says: November 20, 2013 11:47 AM at 11:47 am why stop at 1.88? shouldn’t stop at a price under $1.25? Log in to Reply
Josh says: November 20, 2013 08:21 PM at 8:21 pm This is a credit spread, so the stop is placed above our initial credit. We make money as the credit approaches zero, and loose money as the credit value (the price of what we sold) rises. Log in to Reply
why stop at 1.88? shouldn’t stop at a price under $1.25?
This is a credit spread, so the stop is placed above our initial credit. We make money as the credit approaches zero, and loose money as the credit value (the price of what we sold) rises.