🎯 $Jumia Technologies AG (JMIA) Options Strategy: Bull Put Spread (Short Put Vertical)

DailyOptions999
06-30 16:48

$Jumia Technologies AG(JMIA)$

- Underlying: JMIA

- View: Cautiously optimistic for a short-term, oversold bounce. Expecting the stock to hold above the $6.30 primary support and potentially challenge resistance near $6.70-$8.24.

- Strategy Type: Credit Spread / Bullish, Vega-Neutral to Negative

- Option Contract Portfolio:

- Sell 1 JMIA 02-Jul-2026 $6.50 Put @ $0.25 (Mid Price)

- Buy 1 JMIA 02-Jul-2026 $6.00 Put @ $0.10 (Mid Price)

- Max Gain & Loss: Max Gain: $15 per spread. Max Loss: $35 per spread.

- Initial Cost/Credit: Initial Net Credit: ~$0.15 ($0.25 - $0.10)

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