7/10/2017 stocks option play

One of the defense stock Raytheon is one a tear to ramp up, my price target is around 200. Two ways to play this long setup:

1. The long call spread: 
• long Feb, 2018 call spread [150,190], the current cost is $18.35 per contract 
• the potential gain is $190-$150-$18.35= 21.65 per contract
• the potential loss is $18.35 per contract
• break even price: $168.35
2. The long broken wing butterfly: 
• long Feb, 2018 broken wing butterfly: [170,190,200], the cost is $4.64 per contract
• the potential gain: peak gain: $1268 per contract, right wing gain: $464 per contract
• the potential loss is $4.64 per contract
• break even price: $174.64

Another managed healthcare stock Unitedhealthcare is still a long term uptrend stock, the target for it is around 220. 

1. The long call spread:
• long Jan, 2018 call spread [150,210], the current cost is $37.5 per contract
• the potential gain is $210-$150-$37.5 = $22.5 per contract
• the potential loss is $37.5 per contract
• break even price: $187.5