New Trade: WLL

WLL is on my current watchlist for a decline. Friday, I bought 8 June 45 put options at $0.80. My loss limit is $0.50 and exit point is $1.40.

Here’s a look at my potential profits:

# Shares or Contracts Purch Price Capital Out Sell Price Capital In Comm & Fees Gain / Loss

% Gain & Loss

8 0.80 640.00 1.40 1,120.00 16.00 464.00 72.5%

My charts on entering this trade:

130516 WFM

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What do you think? Let me know in the comments!

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