General Stock Ideas

[bigworld]

gfp: If I wait until a reversal is confirmed the trade become less profitable. If RUT^ can't get back to the 1350 level where it sat on Feb 28th before Trump's speech, then I will start scaling in slowly, a contract at a time. The beauty of using LEAPS is that you have almost 2 years to be right. With such a long option contract your investment does not suffer from time erosion to a significant degree until there is less than 3 months left until expiration.