SKF - Credit Spread. Capital $500

SKF Resistance at 100
Back to September reach low at 95

these few days, DOW is rally up
and IV is dropping to 40%

however, few stock has IV > 100%

if you have limited capital $500
this is good for you

SKF IV around 100%
SELL STO OPTION PUT 90 Jan +2.35 .SKFML
BUY BTO OPTION PUT 85 Jan -1.35 .SKFMG

Total Credit 100 / contract
Capital 500 / contract

Option will expired in 13 days
Target Profit 20%


Important: if today SKF is still down, do not enter
we wait until ir rebound before we get in

If SKF is UP, you can enter this trade


Peter Sufandri