Objective: Profit from a decline in the underlying asset's price.
Max Profit: At the middle strike price at expiration.
Max Loss: Limited to the net premium paid.
Breakeven Points:
Lower: Lower Strike + Net Premium Paid
Upper: Upper Strike - Net Premium Paid
Market Outlook: Best for expecting a moderate decline and low volatility.
Advantages: Limited risk, potential high reward.
Disadvantages: Requires precise price prediction, complex management.
Chart PatternsHarmonic PatternsTrend Analysis

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