$197 Profit
BBYLong Option

This is the upper long strike for a 52/55/58 debit butterfly earnings play on BBY with an expiration of 5/26/2017 . Total profit on butterfly spread after legging out of position was a tiny $0.85 for only the butterfly after commissions because the stock price went far beyond my expected $5.00 move. However, the 52 and 57.50 strike long calls I bought gave me a more positive $943.35 total profit on the positions.
Broker:TDAmeritrade
| Date | Price | |
|---|---|---|
| Entry | 5/23/2017 | 0.26 |
| Exit | 5/25/2017 | 1.26 |
- Total Views193
- Position Size2
- Percentage384.62%
- Option TypeCALL
- Strike58.0
- Expiration5/19/2017
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