Options Oracle: 10/04/13


This is a “Bear Credit Call Spread” and as the name implies, this is a bearish strategy that allows us to take cash to our account when we sell the spread. The max profit for this particular trade is $1.70, which is the difference between the option we are selling less the cost of the option we are buying. Our goal is to have the stock close below $500 by expiration Friday (Oct. 18th).

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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+

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