STRATEGY | Long Put |
MARKET OPINION | Bearish |
MARKET POSITION | Buy a put |
OPTION STRATEGY | Debit [premium paid] |
PROFIT POTENTIAL | Unlimited [except to the extent that the futures price cannot fall below zero] |
PROFIT POINT | Any futures price below the [strike price minus the premium paid] |
LOSS POTENTIAL | Limited to premium paid |
LOSS POINT | Any futures price above the [strike price minus the premium paid]; maximum loss point is any futures price at or above the strike price |
BREAK-EVEN-POINT | Strike price - Premium paid |
MARGIN REQUIRED | No |
DELTA | 0 to -1.00 |
