$197 Profit
BBYLong Option
mdrury1964

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.

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DatePrice
Entry5/23/20170.26
Exit5/25/20171.26
  • Total Views193
  • Position Size2
  • Percentage384.62%
  • Option TypeCALL
  • Strike58.0
  • Expiration5/19/2017
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