Option Oracle: 4/05/17

TOO 040517

Below is a link that will bring you to the latest trade candidate from the Option Oracle:

We are using a new and improved Camtasia software platform for the first time so I hope you like the quality of the video. I’ve also attached a PDF file that outlines the details for this position. Please be sure to review all of the material before entering any trades to your account. If for some reason you do not have enough buying power in your account to do this trade then please use this as a lesson on how to properly “Leg in” to a diagonal calendar spread. This is in addition to the credit call spread we currently hold on this stock.
Note: The price of the puts may be different than what I posted on the PDF and that’s okay. The main point is that you buy them. We will make up the difference on part 2 of this spread. I’ll keep you posted.
Have a great trading day.

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