Options Oracle: 09/02/20

TOO 090220

This next trade candidate is a setup for the opening of the market tomorrow morning (Sept. 2nd). One of the great things about trading diagonal calendar spreads, such as this, is that there is no rush to get the trade done. While I hope you are able to enter this trade on the opening, you can surely place the order in the market whenever you want. You might be able to get a better fill than what I’ve posted but this trade shouldn’t get away from you even if you have to pay a little bit more to get the trade done.

Below is a link that will bring you to the video that explains this trade in detail.

I’ve also attached a PDF file that outlines the technical charts and target prices for this position.
Please be sure to review all of the material before entering any trades to your account and have a great trading day tomorrow.

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