$GE Bull Call Spread: $672.50 Cost, Up to $327.50 Max Profit in 7 Days

Contracts

  • Buy to Open: 1x $GE 2026-04-17 $305 Call @ $12.20 ask

  • Sell to Open: 1x $GE 2026-04-17 $315 Call @ $5.475 bid

Financials

  • Net Debit: $12.20 − $5.475 = $6.725/share ($672.50 per spread)

  • Max Gain: ($10 strike width − $6.725 debit) × 100 = $327.50

  • Max Loss: $6.725 × 100 = $672.50

Thesis

Neutral to moderately bullish on $GE into April expiration. Current price near $313.02 suggests upward consolidation or range-holding above $312. Elevated IV (41.79%, 92.8th percentile) favors a defined-risk structure with mild short vega exposure. Breakeven at $311.725 improves odds slightly below spot.

Execution Plan

  • Profit Target: Close for $2.50–$3.00 credit (~75–90% max gain)

  • Stop Loss: Exit if $GE drops < $305 or spread loses ~50% cost (~$335).

  • Time Rule: Exit early if $GE ≥ $315 with >2 days to expiration to avoid gamma/IV crush.

  • Position Sizing: Risk per spread capped at $672.50; size within portfolio limits.

⚠️ Disclaimer: This is not financial advice. Options trading involves significant risk and may result in loss of capital. Past performance does not guarantee future results. Always do your own research and consult a qualified financial advisor before making investment decisions.

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📊 $GE Bull Call Spread 04/17 Buy $305C|Sell $315C Cost:$673|Max:$328|Loss:$673 BE:$311.73 Moderately bullish, high IV ⚠️ NFA·DYOR

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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