Today they are $1.25 but I am just going to wait and get $2.50. $77.50+ by year end is a joke. It is almost worth buying more of the spread for $1.25.
if you are truly bullish, just buy the stupid calls.........spreads like these severely limit your upside, and they are hard to exit on a big early run
Disagree, the time value portion of an option decays drastically after news. I have made much more money on spreads than pure solo options.