New Trade.

From Greg M

Lions.. ORCL is a buy here.

FIRST! I STRONGLY advise you to learn how to SELL puts and set up credit spreads. There is MUCH more to successful trading than just buying calls and or puts.

When you BUY an option, time decay immediately starts working against you. When you SELL an option, time decay immediately begins working FOR YOU…

Now with ORCL, you can buy just ITM calls which expire out 6 months. This strategy carries the most risk, but also has the highest profit potential.

Two. Sell WAY OUT OF THE MONEY puts which expire out 1 month. This strategy carries much less risk.

Three. The least risky strategy is to set up a credit spread- and there are many ways to do this easily.

***I PERSONALLY LIKE TO UTILIZE EITHER SELLING PUTS, OR SETTING UP CREDIT SPREADS TO TRADE.

*** I cover each of the above strategies/how to set them up in detail, plus MUCH MORE in my book A (NOT) So Random Walk On Wall Street.