Nov 3, 2016
'Tis the season. Earnings season, that is. Let's take a look at another earnings play, specifically a short call spread. You can find this on page 80 of The Options Playbook, on OptionsPlaybook.com, or in the Amazon Kindle version.
Today Brian discusses:
- A review of last week's CVX front spread
- Facebook (FB) announced earnings just after this recording
- What is the expected move post-earnings?
- Do we agree with that prediction?
- Selecting an expiration
- Setting up the trade
- What's the risk? Reward?
Do you have questions that you would like answered on the show? Send them to Brian at theoptionsguy@tradeking.com.