#Earnings Bought to open $BURL Mar 8th 167.5/172.5/175 #BrokenWingButterfly (calls) for 1.40. No upside risk…
Max loss debit paid (1.40) if below 167.25.
Breakeven 168.85.
Max gain, 3.60 if Friday pin at 172.50.
Capped gain if over 175.00, 1.10.
#Earnings Bought to open $BURL Mar 8th 167.5/172.5/175 #BrokenWingButterfly (calls) for 1.40. No upside risk…
Max loss debit paid (1.40) if below 167.25.
Breakeven 168.85.
Max gain, 3.60 if Friday pin at 172.50.
Capped gain if over 175.00, 1.10.
Options Bistro 