This is a new calendar spread that we are taking in Biogen (BIIB). It’s obvious that this stock has been in a well-defined upward trend and it looks as though there is enough support in this stock to justify a long diagonal call spread for a position. The trade instructions are laid out at the top of this page and I’ve repeated these instructions for you in the video. The email I sent you has the link for the video so all you have to do is click on the link and it will play for you automatically.
Options Oracle: 07/27/2012
Posted on July 28, 2012 by AJ Monte in Options Oracles
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