Workday, Inc. provides enterprise cloud applications for global human resources and finance in the United States and internationally. Today a trader sold 1136 WDAY April 75 Puts for $2.20. This trader is willing to get long the stock under $75 and receive $220 per 1 lot of every option sold. As long as WDAY stays above $75 by Thursday this trader will collect the whole amount of premium sold and the trader will make money as long as the stock stays above $72.80.
My Trade: Selling the WDAY April 75-72.5 Bull Put Spread for $1.15 credit
Risk: $135 per 1 lot
Reward: $115 per 1 lot
Breakeven: $73.85
Greeks of this Trade:
Delta: Long
Gamma: Short
Vega: Short
Theta: Long
My Trade: Selling the WDAY April 75-72.5 Bull Put Spread for $1.15 credit
Risk: $135 per 1 lot
Reward: $115 per 1 lot
Breakeven: $73.85
Greeks of this Trade:
Delta: Long
Gamma: Short
Vega: Short
Theta: Long
