betting for JD > $45 with options- buy-to-open a vertical call debit spread exp 09.15
- sell-to-open a vertical put credit spread exp 08.18
This is a bullish strategy with limited risk of $562.00 and limited potential reward of $436.06.
This strategy will profit if the stock closes above $36.46 by Aug 18, 2023.
There is a 59.79% probability this will happen.