Modest Returns Profile picture
Options trader. https://t.co/ZyQ5fiepKQ. Not investment advice.
Dec 31, 2020 24 tweets 4 min read
My Five Cents that should help many traders:

There are super successful traders who can bullseye on a fast-moving stock, buy Naked calls, and exit at the correct time. Most are not. They are the 'outliers'. For the 'rest' of us who want to trade, here are some ideas./1 If you think the stock is going up , some of the strategies I think work best are :

1. DIAGONAL : Buy A Naked Call 45 days and sell Sell call Weeklies . Gets you positive Theta And Positive Delta.
Example : BABA Buy Feb 240 Call / Sell Jan 8 Weeklies 250.
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