🎯 $Jumia Technologies AG(JMIA)$ Options Strategy: Bull Put Spread
- Underlying: JMIA
- View: Neutral to Bullish (Short-term consolidation/slight pullback expected after a strong run, with a defined support level).
- Strategy Type: Credit Spread / Volatility Selling
- Option Contract Portfolio:
- Sell 1 JMIA Put @ $7.00 strike (Exp: 2026-04-24)
- Buy 1 JMIA Put @ $6.50 strike (Exp: 2026-04-24)
- Max Gain & Loss:
- Max Gain: Net Credit Received ($25 - $7.5 = $17.5 per spread)
- Max Loss: ($7.00 - $6.50) - Net Credit = $50 - $17.5 = $32.5 per spread
- Initial Cost/Credit: Net Credit: ~$0.175 per share ($17.5 per contract spread)
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