Hamzei_Analytics · @HFT_StockOption
24th Apr 2013 from TwitLonger
April 24, 2013
F5 Networks (FFIV)
Bias: Bearish
Price Target: $60
We are bearish on FFIV and want to purchase a put backspread to take advantage of the possible move lower.
SELL To OPEN 2 Apr-26 FFIV 72.5 Put trading at $2.55
BUY To OPEN 6 Apr-26 FFIV 70 Puts trading at $1.44
FFIV is now trading at $72.38
This spread is now trading at $1.86
The Total debit of this trade is $3.72
Do not pay over $1.95
Day order only