We are now long the BIDU June 2014 165/185 call spread for a net - TopicsExpress

We are now long the BIDU June 2014 165/185 call spread for a net debit of $450. BEP=$169.50. Net debit means that the person writing the spread initially pays out a premium to put the position on (i.e. a bull call spread). Vice versa, net credit means that you are initially collecting a premium to put on the options position (i.e. a bull put spread). For more info on each see the links below: theoptionsguide/bull-call-spread.aspx theoptionsguide/bull-put-spread.aspx

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