BUY JAN 26'18 $235 CALLS to get exposed synthetically. This provides full upside exposure with no risk of downside if the stock tanks on disappointing . Should the stock go down on , the resulting pickup should allow you to sell an OTM put to make up for your lost call premium. Or just lose your call premium and move on. I paid $4.50 for the calls. Against this cost, I have unlimited upside, which is the kind of Risk/Reward I like.
The max profit is met whether I am 1 dollar or 5 dollars in the money. So if I were to sell a put on lets say, I wanted to sell a put on OSTK AT 81 the max profit is 8100.00 for 1 option. How much money do I need in my account? Also if it is over the strike price of 81 at expiration do I profit the full amount?