Please look on chart for further information:
Symbol: SWCH
Current Price: $15.45
Option:
Write
Option: 20th Apr $15.00 Put
Price per option: $ 0.63
Contracts: #35 x 100
Total cost: $2,205
Estimated returns - SWCH at $15.45 on 28th Mar 2018
Entry cost: $2205 (net credit)
Maximum Risk: $50295 at a price of $0.10 on days 13-14
Maximum return: $2205 at a price of $15.90 on day 20th Apr 2018
Break-evens at expiry: $14.37
Symbol: SWCH
Current Price: $15.45
Option:
Write
Option: 20th Apr $15.00 Put
Price per option: $ 0.63
Contracts: #35 x 100
Total cost: $2,205
Estimated returns - SWCH at $15.45 on 28th Mar 2018
Entry cost: $2205 (net credit)
Maximum Risk: $50295 at a price of $0.10 on days 13-14
Maximum return: $2205 at a price of $15.90 on day 20th Apr 2018
Break-evens at expiry: $14.37