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Let's from options place on a spread trade. This an advanced concept for experienced traders, but I'll make because simple as is practical. A spread trade will be buying one option and selling another in the same work-time.
So a little quick math assuming you are carrying out this do business with 10 option contracts. Your profit over 31 days is $410. Your maximum risk is $590. This can be the breakeven price $75.42 devoid of the option or you own $76 - then multiplied by 100 for every option get.