Hello Investors,
Today we explored risk, reward and probabilities. We love the ThinkorSwim (TOS) platform for its risk graph tools. It is a great tool to learn how to build risk graphs. To analyze probabilities as it pertain to max gain, max risk, breakeven levels and much more. If you would like to learn the TOS platform, this should help you get up to speed.
As for trade changes, we only made one trade today. We sold a covered call in EEM shares. We own 100 shares and have sold an August 21st (monthly) 46.00 strike call for +0.37 credit.
Have a great week!