This is similar concept to ORI trade, but just reversed by placing a Bear call spread ( credit)-
taking advantage of time decay the last 14 days until options expiry.
short 32.00 July 15 / long 33.00 July 15 - for net credit $ 610.
This is similar concept to ORI trade, but just reversed by placing a Bear call spread ( credit)-
taking advantage of time decay the last 14 days until options expiry.
short 32.00 July 15 / long 33.00 July 15 - for net credit $ 610.
