💡Trade Idea for Wed. March 26, 2025
Today's trade idea is a bull put spread. I'm risking $355 per contract to collect $145 in premium per contract a 40.84% return in 22 days with a 56.83% probability.
Strategy: Bull Put Spread
This is a bullish strategy with limited risk of $355.00 and limited potential reward of $145.00. This strategy will profit if the stock closes above $108.55 by Apr 17, 2025. There is a 56.83% 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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