IA Trade Alert - TTD - Shorted OOM Calls against my Synthetic Long (Patreon)
Published:
2021-06-25 14:34:31
Imported:
2022-04
Content
I sold the Jan 2023 $90 Calls for $16.50 this morning.
My synthetic Long trade entered into on May 16th, 2021 cost $3 and now I have a $40 spread ($50 to $90) for a Net Credit of $13.50
My breakeven in this trade is for TTD to be at $106.50 and TTD is currently trading at $76 ie TTD can move up $20 before I need to cover my short.
I will do a short video on this whole trade shortly - but this is my real money making secret.