STRATEGY | Short Put |
MARKET OPINION | Neutral to slightly bullish |
MARKET POSITION | Sell a put |
OPTION STRATEGY | Credit [premium received] |
PROFIT POTENTIAL | Limited to premium received |
PROFIT POINT | Any futures price above the [strike price minus premium received]; maximum profit point is any futures price at or above the strike price |
LOSS POTENTIAL | Unlimited [except to the extent that the futures price cannot fall below zero] |
LOSS POINT | Any futures price below the [strike price minus the premium received] |
BREAK-EVEN-POINT | Strike price - Premium received |
MARGIN REQUIRED | Yes |
DELTA | 0 to +1.00 |
