Hello Investors,
Not much in the way of additions today. We entered a new trade that will require the market to move higher to reach our credit price. We would put this in the “very high risk” category because it involves a “naked call” aspect to the trade. This trade along with the risk/rewards is fully detailed in the class video.
Buy to open: SPY April 6th (weekly) 274.00 strike calls (ratio of 1)
Sell to open: SPY April 6th (weekly) 277.00 strike calls (ratio of 2)
Limit credit: 0.85
Have a great week!