💡Trade Idea for Monday June 9, 2025
Today's trade idea is a bull put spread. I'm risking $657.00 per contract to collect $343.00 in premium per contract a 52% return in 39 days with a 60.39% probability.
Strategy: Bull Put Spread
This is a bullish strategy with limited risk of $657.00 and limited potential reward of $343.00. This strategy will profit if the stock closes above $236.57 by Jul 18, 2025.There is a 60.39% 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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