🎯 $Illumina (ILMN) Options Strategy: Bull Call Spread (Debit Spread)
- Underlying: ILMN
- View: Bullish with momentum, targeting a breakout above the 52-week high ($196.66).
- Strategy Type: Debit Spread / Directional Bullish
- Option Contract Portfolio:
- Buy 1 Call: Strike $195, Expiry 2026-08-21
- Sell 1 Call: Strike $210, Expiry 2026-08-21
- Max Gain & Loss: Max Gain = $15.00 - Net Debit; Max Loss = Net Debit.
- Initial Cost/Credit: Debit of ~$6.20 (Estimated from mid-prices: Buy $195 Call @ ~$13.45, Sell $210 Call @ ~$7.25).
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
