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Synaptic724
Nov 4, 2019 8:13 PM

Put Bull Spread Long

Description

Credit spread on PXD

$1.48 Credit
Exp Dec 6, Delta is 0.3497/(0.23)

Its pretty bullish. I decided this could be a good trade. I'll take the added risk

Max gain is $0.75 max loss is $150.

Moving out of support pre-earnings.
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