Bullish Trade Idea for $TE.
Strategy (zero-cost structure):
Sell 20 Feb 27, 2026 puts at $8.00 strike → Collect $1,200 today.
Buy 3 Jan 15, 2027 calls at $10.00 strike → Cost ≈ $1,200.
Risk If $TE is below $8 on Feb 27, 2026 → you get assigned 2,000 shares at $8.00. You still keep the $1,200 + the long calls.
Upside (best case – puts expire worthless) You keep the $1,200 (which paid for the calls), so net cost = $0.
Potential call value on Jan 15, 2027:
Stock at $15 → calls worth ≈ $1,800-$2,300
Stock at $17.5→ calls worth ≈ $2,500-$3,300
Stock at $20 → calls worth ≈ $3,100-$4,000
No cost to you, huge upside. Only risk, being assigned 2,000 shares of $TE at $8.00...but you're bullish!
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