August HOV Bull Put Spread Buy
HOV seems to be pretty safe over $70. I decided to purchase a $65/$70 bull put spread with a return of 35% (1.3/3.7). The breakeven point is $68.7.
HOV seems to be pretty safe over $70. I decided to purchase a $65/$70 bull put spread with a return of 35% (1.3/3.7). The breakeven point is $68.7.
It looks like the QQQQ index will not reach $39. I will buy a bear call spread of $39(sell)/$40(buy) for a credit of $0.35. The return is 53% (0.35/0.65). Breakeven point is $39.35.
It looks like USNA will stay above $46.00. I will purchase $40/$45 Bull Put spread for a credit of $0.80. Return will be 19%. Breakeven will be $44.2.
It looks like UNH will stay above $50. I will buy $45 and sell $50 for a debit of $4.4. The return is 13.6% (0.6/4.4). Breakeven is $49.40.
It looks like EXBD will likely to stay above $75.00 for this month. I will purchase $70 and sell $75 put spread for $0.75 credit. Breakeven point is $74.25. The return will be 17.6%.