🎯 $Lowes Companies (LOW) Options Strategy: Bull Call Spread (Debit Spread)

DailyOptions999
06-25

$Lowe's(LOW)$

- Underlying: LOW

- View: Cautiously optimistic for a short-term bounce from oversold conditions, targeting a move towards the $225 pivot and potentially $235-$240 resistance.

- Strategy Type: Debit Spread / Directional Bullish

- Option Contract Portfolio:

- Buy 1 LOW Call (Exp: 2026-07-02, Strike: $222.5)

- Sell 1 LOW Call (Exp: 2026-07-02, Strike: $235)

- Max Gain & Loss:

- Max Gain: $1,050 [($235 - $222.5) * 100 - Net Debit]

- Max Loss: $150 (Net Debit)

- Initial Cost/Credit: Debit of ~$1.50 per spread (Estimated from mid-prices: Buy $222.5 Call @ ~$3.75, Sell $235 Call @ ~$2.25).

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