OPEN: ISRG BRCS, UAUA BLPS, WMT Put Cal. & JPM Put Cal.

Here were some good trades from my trade meeting that I got into today...

ISRG Bear Call Spread (BRCS):

Resistance at 350 and stock has been neutral for a few months. There's current consolidation around 300.
Sold Feb 340 Call & Bought Feb 350 Call for a credit of 0.30.
Mx Profit= 0.30
Max Risk= 10-.30= 9.70
0.30/9.70= 3% in 1 week


UAUA Bull Put Spread (BLPS):

Nice test up off the moving average
Sold Mar 30 put & Bought Mar 25 put for credit of 0.85.
Max Profit= 0.85
Max Risk=5-0.85=4.15
0.85/4.15= 20.5% ROI in 1 month


WMT Put Calendar:

Stock's trading range is between 45 & 50 all year. Did put instead of call cal. because debit was less than for the call calendar.
Sold Mar 47.5 Put for $1.65 and Bought Jun 47.5 put for $2.85 for a total debit of $1.20.
1.65/2.85=57.9% yield in 1 month!


JPM Put Calendar:

Stock's trade range is between 40 & 50.
Sold Mar 45 put for $ 2.87 and Bought the Jun 45 put for $4.65 for a total debit of $1.78.
2.87/4.65=61.7% yield in 1 month!