Options Oracle: 10/08/20

TOO 100820

Once again we are faced with an opportunity to take cash from the market. We are currently holding a long position in the Jan 2022 $20 Leap Calls in BAC and we are now turning this long position into a Diagonal Calendar Spread. If you do not have an existing position in these leap calls, then do nothing. You can use this as a lesson on how to morph the position. See video link below for details.

I’ve also attached a PDF file that explains more of the technical details and notes for managing this position moving forward.
Enjoy the rest of your day.


To gain access to the PDF download and video, sign up for an Options Oracle Subscription!
AJ Monte

No comments yet.

Leave a Reply