The timing is from a complicated algo which contains fundamental, technical and descriptive as well as ownership components, but the trade formulation might be something this crowd might be interested in. They call this the "stupid" spread because it is basically a bet in one direction. The stock was trading around the short put strike when I opened it. To me, financing a bet is always a plus, but the better trade might have been a single call and not a spread, financed with a longer dated put spread. Cash on cash return is $4 on $1, but the margin is actually $3.5 for the spread so the actual return on margin is smaller. Hope you all enjoy the set up and the trade.…