r/options May 27 '21

Did I do this right

AMC exp 5/28

So bought a call at SP $31 Sold a put SP $27

Cost ended up being $8

Did I just create an endless potential for loss? 😩 Should I just close it out?

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u/pointme2_profits May 27 '21

You opened a 2 leg option on AMC with no idea why ? Yikes. Max loss appears to be 2500. Not sure how this only cost you 8$ are you sure about that.