Hi Advanced Traders!
This week, we are going to take a pause to see what happens in the next couple of days. Since AMD has already dropped for several weeks, you can consider closing your bear call spreads early and locking in your profits. With the pattern I've been seeing with many of the stocks that we are trading, they have reacted positively with their strong earnings and there may be a chance that AMD will follow suit.
I am also eyeing some LEAPS options for MSFT and AAPL as we may be slowly coming out of this pullback. However, this depends on how markets react to the rest of company earnings and other monetary news.
In the meantime, remember to keep depositing money into your brokerage account.
Stay patient! 😀
Steve and the Call to Leap Team
The following article is strictly the opinion of the author and is to not be considered financial/investment advice. Call to Leap LLC and the author of this article does not claim to be a registered financial advisor (RIA) or financial advisor. Please visit our terms of service and privacy policy before reading this article.
Commentaires