Netflix has gapped up in a big way forming another gap target area that we can work with. We already have a condor position in this stock that will need some adjusting by the time May expiration day comes along but we are treating this as a new position. Our goal is to take in a credit buy selling the May 235 calls and buying the May 255 calls for a net $2.80 to our account.
Options Oracle: 04/25/13
Posted on April 25, 2013 by AJ Monte in Options Oracles
About AJ Monte
As a premier trading consultant, AJ is one of the most sought after in his field. He teaches professionals specialized techniques on how to accumulate and protect wealth through innovative market techniques. TheMarke__404+Leave a Reply
Feedback
Nick Nickolas, Restaurateur, Nick’s Fishmarket of HawaiiThe Market Guys have created the perfect recipe for financial success.
Astronaut Dr. Buzz Aldrin, Apollo 11, 1969The Stock market is full of risk and uncertainty, but can bring great rewards to those who plan and execute properly. AJ gives you the navigational tools to profit in the market. Easy to understand, The Market Guys will help the novice and the expert alike reach their financial goals. I recommend The Market Guys to help you along your journey!
Christopher Larkin, VP, U.S. Retail Brokerage, E*TRADE SecuritiesE*TRADE is a strong advocate of investor education, understanding a knowledgeable investor is a successful investor. The Market Guys have been a key contributor to our worldwide educational efforts, delivering hundreds of seminars to our customers around the world.