STRATEGY

Short Call

MARKET OPINION

Neutral to slightly bearish

MARKET POSITION

Sell a call

OPTION STRATEGY
DEBIT/CREDIT

Credit [premium received]

PROFIT POTENTIAL

Limited to premium received

PROFIT POINT

Any futures price below the [strike price plus premium received]; maximum profit point is any futures price at or below the strike price

LOSS POTENTIAL

Unlimited

LOSS POINT

Any futures price above the [strike price plus the premium]

BREAK-EVEN-POINT

Strike price + Premium received

MARGIN REQUIRED

Yes

DELTA

0 to -1.00