Bought 5 Dec 41 Put & Sold 5 Oct 41 Put on JPM for debit of $1.26

September 16, 2009 · Posted in Trades, US Options 

Paying 63 cents per month for this 2 month wide calendar spread.

JPM has been trading rangebound between $39 to 44 since August and if it continues to trade within this range, this trade could generate a good reward.

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