Replies to post #6896 on Short Term Pinch (STP)

[SamLBInj]

You ever do a Bull Call Spread where the Cost is Zero along with Zero Risk and Max Profit is usually around $100.00 which seems Pretty Crazy, I have a few but SNAP needs to hit $18.00 for me to make anything this week on them.
How it works is you buy an $18.00 Call and an $19.00 Short Together and they Offset each other to a point where you cannot lose but gains are Limited to around $100.00 per Option but for the cost of just the trade Commission there is not much Risk and sometimes you just lucky..