Risk is the 10 cent difference on the put side. Max Profit is the 20 cent differential on the call side. Cotton Put and Buy the July 56 put for 95 points credit. Then we bought the July 60 call and sell the July 62 call for 40 points debit. These levels were better than what we recommended at the time.
Risk is the difference between the two strikes on the put side minus the credit.
The call spread is free. Maximum profit on the upside is Cotton trading at 62 cents or above on expiration. All recommendations are subject to change due to market conditions. Use of stop loss orders does not ensure that your loss will be limited to the amount intended. Certain market conditions may make it impossible to execute such orders.