Replies to post #21 on PUTS & CALLS

[CEMJQ Multi-Millionaire]

Ticker: SBUX
Max risk -$.79
Max gain +$4.21
Spread $5.00
Spread% 15.8
Stock Price $53.32
5:1 reward/risk ratio

Out of the money bear put spread, max risk play.

[CEMJQ Multi-Millionaire]

SBUX bear put August $50/$45 vertical spread on the move net .94 +.25 up 31.64%

[CEMJQ Multi-Millionaire]

SBUX bear put August $50/$45 vertical spread on the move net $1.35 +.56 up 70.8%

[CEMJQ Multi-Millionaire]

SBUX position closed net $3.59 +$2.80 total gain +355%