- Underlying: EXPE
- View: Cautiously Optimistic / Bullish Bounce. Expects price to stay above a support level.
- Strategy Type: Credit Spread / Defined Risk
- Option Contract Portfolio:
- Sell 1 EXPE Put @ Strike $215.00 (Expiry: 2026-05-29)
- Buy 1 EXPE Put @ Strike $210.00 (Expiry: 2026-05-29)
- Max Gain & Loss: Max Gain = Net Credit Received ($0.70). Max Loss = Width of Spread ($5.00) - Net Credit = ~$4.30.
- Initial Cost/Credit: Initial Credit of ~$0.70 per spread.
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