This topic contains 2 replies, has 1 voice, and was last updated by 
-
Posts
-
HOG at 33.68
The chart is setting up for a move higher. I’m looking for a move towards 36-37
I’m going to pick up a call slightly IMT and I’m assuming full risk for this trade.
Chart:
Risk Profile:
Order Ticket:
HOG at 34.40
I’m going to sell an option against the long 31 Call to reduce the cost of the trade. This will cap the upside potential and that is the price to pay for less risk in the trade.
The option I’m selling is 5AUG 35 Call which has less time until expiration and is higher strike price than the long option we’re holding. This will make it a Call Diagonal spread.
Risk Profile:
Order Ticket:
HOG at 37.63
We have a nice winner here and it’s time to take this trade off
Risk Profile:
Order Ticket:
You must be logged in to reply to this topic.