No. of Recommendations: 0
A December 12 call has a 37% chance of being in the money on expiration, I believe that is roughly the chance that MCP will be 12 or greater on expiration, meaning you have a 63% chance that MCP will be below 12 on expiration. Only reason I mention the 12 call is because I believe MCP needs to be 12 or greater by expiration for the December 10 call to be profitable.

Do not think you are missing anything. Very nice review of MCP. Thanks.
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