$106 Profit
NKELong Stock

Covered Call w/ Hedge. Long 200 ; Short 2 Mar24 63 Strike Calls; Long 2 Mar24 58.5 Puts; Max Gain 250; Max Loss 650; I wasn't happy with this as soon as I put it on because it drew down my capital the full stock value instead of the 650. But I was bullish on NKE product announcement plus earnings. Earnings were good not great so closed at 50% of max profit. Next time I'll stick to selling the put spread.
Broker:TDAmeritrade
| Date | Price | |
|---|---|---|
| Entry | 3/17/2016 | 6,174.86 |
| Exit | 3/23/2016 | 6,227.91 |
- Total Views173
- Position Size2
- Percentage0.86%
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