Option Investor
Newsletter

New Bull-Put Spread - GENZ

HAVING TROUBLE PRINTING?
Printer friendly version

We are looking to add one additional position to our portfolio on the opening tomorrow.

The GENZ put spread

GENZ - operates as a biotechnology company. Its products and services focus on rare genetic disorders, renal disease, kidney disease, cancer, orthopedics, organ transplant, and diagnostic and predictive testing. The company operates in five segments: Renal, Therapeutics, Transplant, Biosurgery, and Diagnostics/Genetics.


GENZ $ 70.35

SELL GZQ-TM GENZ August 65 PUT CREDIT= $ 0.55
BUY GZQ-TL GENZ August 60 PUT DEBIT= $ 0.25
NET CREDIT = $ 0.30
INITIAL "NET- CREDIT TARGET= $ 0.30 Or $ 30.00
POTENTIAL PROFIT (x 5 CONTRACTS @ $ 0.30 = $ 150.00
MARGIN REQ. (X 5 CONTRACTS $ 2,650.00
RETURN ON INVESTMENT= 5.66%
Exit Strategy= If NET DEBIT = $0.80 STOP

Monthly Cash Machine Newsletter Archives