AI
Friday, April 11, 2014 11:33:24 AM
new .. CMG .. position
positive Vega expecting rising Volatility into the 4/17 Earnings Report . . .
it can't lose . . a move in either direction .. and possibly no direction .. gives nice Profits!
as long as Volatility rises over the next week . . .
which "How can it not" going into the Earnings Report.
PLUS .. it is a Calendar Spread in each direction (by 1-week) ...
SO .. my Short options (-) lose value (increase Profits) each day that goes by anyway .. relative to Volatility.
I recently discovered this technique and plan to take full advantage of it each week.
This cost me $500 per contract and could possibly yield $3,000 per contract should we get a full move to the strike price of one of my long options.
.
positive Vega expecting rising Volatility into the 4/17 Earnings Report . . .
it can't lose . . a move in either direction .. and possibly no direction .. gives nice Profits!
as long as Volatility rises over the next week . . .
which "How can it not" going into the Earnings Report.
PLUS .. it is a Calendar Spread in each direction (by 1-week) ...
SO .. my Short options (-) lose value (increase Profits) each day that goes by anyway .. relative to Volatility.
I recently discovered this technique and plan to take full advantage of it each week.
This cost me $500 per contract and could possibly yield $3,000 per contract should we get a full move to the strike price of one of my long options.
.
Blasher . . .
follow me at #board-2546 . . .
and follow my Public Stock Pick Charts
.
Trade Smarter with Thousands
Leverage decades of market experience shared openly.
