Analyzing the options chain of GM General Motors Company prior to the earnings report this week, I would consider purchasing the 45usd strike price Calls with an expiration date of 2024-1-19 for a premium of approximately $1.14. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. I am interested to hear your...
In the movie, the big short Charlie Geller and Jamie Shipley took trades with options out of the money with low probability. This is an example of such trade, 100 options contract worth $6000 if SOS will run up again, this trade could make $60,000. If the price will move to $21, this trade could make $120,000 This also shows that options are leveraged, if you...
Buy Jun-18-21 $70 Strike Put @ $1.51
Spy Weeklys In the Money,At the Money or Out of the Money? What strike price is the best to trade for max bang for the buck? First you have to get the direction right and assuming you did that next you have to decide which strike price is the best to play for max profit in a short time period. Attached is a chart that shows the SPY trades we followed over 2 weeks...