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2016 Yamaha TT-R125LE Test | Capable and Fun
The strategy gets its name from the reduced risk and capital requirement relative to a standard covered call. Directional Assumption: Bullish Setup: - Buy an in-the-money ITM call option in a longer-term expiration cycle - Sell an out-of-the-money OTM call option in a near-term expiration cycle The trade will be entered for a debit. However, the profit potential can be estimated with the following formula: Width of call strikes - net debit paid How to Calculate Breakeven s : The exact break-even cannot be calculated due to the differing expiration cycles used in the trade. In smaller accounts, this position can be used to replicate a covered call position with much less capital and much less risk than an actual covered call. If we have a bad setup, we can actually set ourselves up to lose money if the trade moves in our direction too fast. To ensure we have a good setup, we check the extrinsic value of our longer dated ITM option.
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Low Seat Height A seat height of less than 32 inches makes this bike accessible to most riders, but more than 11 inches of ground clearance and long-travel suspension at both ends make it a serious trail bike as well. Torque-Rich Motor Potent cc air-cooled SOHC four-stroke powerplant puts out torquey, broadband power tuned for maximum off-road performance in a wide range of trail conditions. Digital Ignition CDI ignition system is ultra-reliable and never needs maintenance.
From tiny 50s to full-on racing s, riders need sensible steps along the way when off-roading, and the Yamaha TT-RLE is an excellent point of progression for riders looking to move from minis to adult bikes. Instead, it will be relied on for years as a way to enjoy off-roading in a wide variety of situations. The chassis is durable, and the motor is definitely under-stressed and offers more torque than horsepower. With a square motor and compression ratio, the air-cooled, SOHC, two-valve motor gets by on regular gas without a problem. This lean condition is most noticeable at warm-up, which can take a while.