Advice


Tip for option trading earnings
– Always keep your strike price of your puts and calls within 10% of the stock price. If it is too far , you will be out if the money therefore making it a loss. Ex Stock X at 200. AT Most I would put my strike price within the range of 180 for puts and 200 for calls
-To minimize risk Buy an option that would expire 2 weeks or so after earnings so in the event the stock does not go your way, you can give it time to rebound. These options are safer but tend to be more expensive.
Ex my Mck feb 22 calls earnings did my go away but now it’s rebounding.

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About Mitchell Fung

Forex ,Stocks & Option Trading Contact Us if you have any more questions. Email- Hereitfirst@gmail.com Twitter- Hereitfirst_ Instagram- Hereitfirst Paypal Email for donations -desiredmaya@gmail.com
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2 Responses to Advice

  1. tommyb1984 says:

    Thank you for the advice!
    I am new to options!

    • hereit1st says:

      i am new as well. I am just starting to understand the concept of options. IT is easier to learn during ER season in my opinion. Follow Cortescapital on instagram he is the Timothy Sykes of options

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