Used the profit from first 5 spread trades and other income to purchase the following.
Bought 1 share CEG at 344.67
Bought 2 shares CCJ at 81.11
Only if willing to own 100 shares of PYPL stock
Sold to open: PYPL Jan 16th (monthly) 52.50 strike put
Credit: 0.80
Max risk = 0wning 100 shares at 52.50
Max reward = 0.80 or $80.00 per contract
Pending order that may not fill in CCJ. Only if willing to own 100 shares of CCJ.
Buy to open: CCJ Jan 16th (monthly) 70.00 strike put (ratio of 1)
Sell to open: CCJ Jan 16th (monthly) 65.00 strike put (ratio of 2)
Credit: 0.35 – still pending
Max risk = 0wning 100 shares at 59.65/share cost basis
Max reward = 5.35 or $535.00 per spread