Rocket Video Update Explaining Entering Multi-Leg Options Trades 09-08-20
Video Explanation of Multi-leg Options Trading
Below is a brief video going over how to enter multi-leg options trades like the one in today's newsletter.
New Options Trades Today:
LULU $350 - $370 Iron Condor expiring Friday
WORK $32.50-$34.00 credit spread expiring Friday
Short Term portfolio:
Long CGC at $16.90. The stop is $15.24. CGC is trading at $15.81.
Long Term portfolio:
Long half a position in DIS at $118.63. Disney is trading at $135.78. Stop is $98.45.
Long half position in UBER at $31.50 or better. Uber is trading at $34.27. Stop is $26.24.
Long half position in STZ at $180.50. STZ is trading at $188.66. Stop is $164.05.
LULU $350 - $370 Iron Condor expiring Friday
WORK $32.50-$34.00 credit spread expiring Friday
Short Term portfolio:
Long CGC at $16.90. The stop is $15.24. CGC is trading at $15.81.
Long Term portfolio:
Long half a position in DIS at $118.63. Disney is trading at $135.78. Stop is $98.45.
Long half position in UBER at $31.50 or better. Uber is trading at $34.27. Stop is $26.24.
Long half position in STZ at $180.50. STZ is trading at $188.66. Stop is $164.05.
Timer Digest Signals: S&P: Bearish Gold: Bullish Bonds: Bullish
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