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Put-sellers keep the premium if Priceline's shares trade above $230.00 through expiration tomorrow.
Thus, the investor expects lower volatility in the price of the stock through expiration in November.
One options strategist, however, expects shares to remain range-bound through expiration day in June.
The long put position yields downside protection beneath the effective breakeven price of $22.68 through expiration.
These contracts yield profits beneath a breakeven share price of $8.67 through expiration in April.
Investors keep the full credit as long as Krogers shares trade below $24.00 through expiration.
Put-sellers pocket and retain the premium if shares remain above $26 through expiration.
The trader keeps the full credit received as long as shares exceed $35.00 through expiration day next month.
One investor purchased a ratio put spread to establish a bearish stance on the fund through expiration in June.
Investors long the September $12 strike calls make money as long as AEOs shares exceed $12.85 through expiration day.
Maximum retention of premium is contingent upon shares of BAC remaining within the $17.50/$14.00 range through expiration.
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