... for a 45.45 debit.
Comments: Last rung in Sept ... . Selling the -75 call against stock to emulate the delta metrics of a 25 delta long put with the built-in defense of the short call.
Metrics:
Break Even/Buying Power Effect: 45.45
Max Profit: 3.55 ($355)
ROC at Max: 7.81%
50% Max: 1.78 ($178)
ROC at 50% Max: 3.91%