Stock / Symbol: Qualcomm / QCOM
Strategy: Calendar Call Spread
Trade entry date / price: 15 Mar 2022 / $143.35
Price at this post: $150
Reasoning: Per the trade plan, exiting the position as it's reached $150 +
Trade Exit Order:
STC 1 QCOM 15Jul22 150 call
BTC 1 QCOM 14Apr22 150 call
For a min net credit of $7.50 per contract (GTC order, limit order). The mid is currently at a credit of $7.55. I was just filled at $7.53
Analysis:
Max Risk: $725
Max Reward: $500 or 69% with QCOM at $150 on Apr 14th
Profit Range: QCOM between $136 and $168 on Apr 14th
Commission (round trip): $2.60
Realized Profit / Loss: $27 or 3.7% (pre commission)
