Stock / Symbol: [private_monthly]Sotheby's / BID [/private_monthly]
Adjustment: Increasing bid to $4.50 per contract
Trade Details:
[private_monthly]
Modify current order as follows:
STO -2 BID Jul11 55 Puts
BTO 2 BID Jul11 60 Puts
for a net debit of $4.50 per contract (GTC / limit order)
Max Risk: $900
Max Reward: $100 or 11.11% by Jul 15th
Max Profit at: $0 - $55 by Jul 15th
[/private_monthly]
Non-members, click here for access
Speak Your Mind