The gap indicated is not what we care about. It just indicates the probable direction. Also because that movement would be a mere 9% move. What we are looking are big returns.
Here is the idea. Call Spread 60$-70$ mwith maturity June 21 is quoting around 280$, for a potential 400%.
If the price goes to 70, the payoff would be 1,000$, 4x the initial investment. if we were just buying the stock, it would be "only" 35%.
Wjy Intel? It is one of the few tech stock that fell recently, I think it was utterly penalized by lower EPS. It quotes at only 9x PE multiple. It is a good alternative to expensive tech stocks, that are not a worthy investment considering the RR now. So, if you do not want to be waiting for a fall that may not happen soon in order to buy cheaper, this can be a good strategy. (SMALL PORTION OF PTF ONLY)
Here is the idea. Call Spread 60$-70$ mwith maturity June 21 is quoting around 280$, for a potential 400%.
If the price goes to 70, the payoff would be 1,000$, 4x the initial investment. if we were just buying the stock, it would be "only" 35%.
Wjy Intel? It is one of the few tech stock that fell recently, I think it was utterly penalized by lower EPS. It quotes at only 9x PE multiple. It is a good alternative to expensive tech stocks, that are not a worthy investment considering the RR now. So, if you do not want to be waiting for a fall that may not happen soon in order to buy cheaper, this can be a good strategy. (SMALL PORTION OF PTF ONLY)
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Or simply you don't want to risk it?
Trade forex, oil, crypto, indices, and keep 80% of the profits you make, while losses are covered!
Check it out now → ftmo.com/en/?affiliates=2427
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Are you a good trader but you lack the capital?
Or simply you don't want to risk it?
Trade forex, oil, crypto, indices, and keep 80% of the profits you make, while losses are covered!
Check it out now → ftmo.com/en/?affiliates=2427
Or simply you don't want to risk it?
Trade forex, oil, crypto, indices, and keep 80% of the profits you make, while losses are covered!
Check it out now → ftmo.com/en/?affiliates=2427
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.