On May 24th an alert went out to buy the Jan 2015 29.50 Calls on Carnival Corp. (Ticker: CCL). Our purchase price for the calls was $5.80. These leaps are currently trading for $7.50 and it would be easy for us to take our $1.70 (29.3% Profit) and run…BUT… it will be much more profitable for us to turn this long call position into a diagonal calendar spread.
Options Oracle: 07/12/13
Posted on July 12, 2013 by AJ Monte in Options Oracles
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