Lions.. UNH is a buy here.
You can capitalize on this several ways.
With this trade…. 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.
I bought that PYPL calls and got HAMMERED although I only bought it today (it went down even more since yesterday). Thanks for the tip...
I decided to get out of my XLF 40 Call trade at 60% profit. I wanted to stay in, I wanted MORE, but I keep getting SHELLACKED by staying in too long so I got out. I gotta get back to nickel and diming these jokers. Low and slow is what I gotta do.
https://docs.google.com/document/d/1sI2-WjKi_CPAivcO2Rrw8bItnxC81x7u5wflHJ70Olo/edit?usp=sharing