I opened 2.0 unit(s) $SQQQ VERTICAL 250620 CALL 50.0/CALL 30.0$  ,

Assigned price at $50. However, doesn't make sense to sell calls at $50 as the premiums will be too slow. Did a balanced approach by selling nearer to the money calls at $30 with long call at $50. If there is a rally, the long call will ensure that will still have some profits to be made instead of just getting stock called away at a loss

# Trade Feed: Who is your favorite star traders?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment2

  • Top
  • Latest
  • DeltaDrift
    ·05-15 03:01
    Good insight[Strong]
    Reply
    Report
  • jazzyloo
    ·05-14 17:15
    Smart strategy
    Reply
    Report