DLTR Sell Call Spread 11-23-20
DLTR Sell $96-$102 call spread
We are selling a $96 - $102 call spread. DLTR is trading at $97.59. This is a bearish trade and we will look for DLTR to expire Friday under $96. We collect about $2.40 when we initiate this trade, which is our max profit. And our max loss is about $3.60 or $360 per contract pair if DLTR closes above $102 on Friday.
Sell Nov 27th DLTR $96 call
Buy Nov 27th DLTR $102 call
Collect about $2.40 or $240 per contract pair when initiating this trade. Dollar Tree has earnings tomorrow before the bell and options are pricing in a $5.45 move on their announcement.
Sell Nov 27th DLTR $96 call
Buy Nov 27th DLTR $102 call
Collect about $2.40 or $240 per contract pair when initiating this trade. Dollar Tree has earnings tomorrow before the bell and options are pricing in a $5.45 move on their announcement.