Tuesday, 4 August 2020

ES 08-12-2020 bullish spread

Opened this beautiful bullish spread today.

  • eight days to expiration (08-12-2020)
  • max loss ~$850 per spread
  • max profit ~$1050 per spread
  • good time decay
  • many options to close before expiration with profit

Read also

Day trading options

The term “day trading” assumes that a trader opens and closes positions within a single trading session and doesn’t take positions overnight. Also, when talking about day trading, people generally think of instruments such as – equities, ETFs and futures. Not options.

2 December 2016

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