OPEN: HON Put Calendar

Thanks to my home dog GMoney, he brought up HON Mar/Jun 57.5 put calendar for a total debit of $1.80.

My yield is $2.30 credit for Mar 57.5/$4.10 debit for Jun 57.5= 56% in 1 month! I will look to roll this for April or close this out if it starts going against me.

I don't need to set up a stop since the debit is under $2.00.