Sell 20 MAR 5 strike Calls at $0.50 = $(1,000)
Buy 10 MAR 6 strike Calls at $0.30 = $300
(Adjusted P&L) = $300 Debit Here's the Risk P&L Diagram for this trade:
Jim Cramer says investors should step away from these near-term shenanigans and focus on the fundamentals.
Jim Cramer is bullish on Chevron, Universal Display, Dynavax Technologies, and Schlumberger.