
Rocket Trade Update 03-17-21
Selling a FIVE Credit Call Spread $200 - $205
Selling a March 19th Five Below $200-$205 Credit Call Spread for $2 credit. Max risk is $3 if FIVE closes above $205 as of Friday. FIVE with earnings after the bell tonight. Options are pricing in a $11.73 move. We will look to absorb some of that premium above the market. This is a bearish trade that expires Friday.
Sell a March 19th FIVE $200 call
Buy a March 19th FIVE $205 call
Collect about a $2 credit upon initiating this 2-leg options trade. Don't get less than a $1.50 credit for this trade.
FIVE is trading at $195.11.
Sell a March 19th FIVE $200 call
Buy a March 19th FIVE $205 call
Collect about a $2 credit upon initiating this 2-leg options trade. Don't get less than a $1.50 credit for this trade.
FIVE is trading at $195.11.


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