💡Trade Idea for Fri. March 28, 2025
Today's trade idea is a bear call spread. I'm risking $1,130 per contract to collect $370 in premium a 32.74% return in 20 days with a 68.63% probability that it will happen.
Strategy: Bear Call Spread
This is a bearish strategy with limited risk of $1,130.00 and limited potential reward of $370.00. This strategy will profit if the stock closes below $213.70 by Apr 17, 2025. There is a 68.63% probability this will happen.
The full technical analysis of this trade, including the strike price, and how to enter the trade, is described in detail below:
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