[Options Premium] Fully Interactive

Sean McLaughlin
July 28, 2023

I love the base resolution underway in $IBKR and we've got a "hundred-dollar roll" lurking within spitting distance.

A break above $91 would mean fresh all-time highs and coupled with low implied volatility priced into calls options, this sets up my favorite kind of trade.

Let's get after it!

Here's the Play:

I like buying $IBKR December 100 calls for approximately $2.00. This is a defined risk play and the most I can lose is this premium I pay today.

If $IBKR can't hold the 82.50 level, then my play is dead and I'll look to salvage whatever I can in these calls.

If $IBKR breaks through $100 per share and hits 109, I'll look to sell enough of my position to take my original risk capital back, and I'll let the remaining position ride into December.

If you have any questions on this trade, please send them here.

~ @OptionsSean

[/show_to]

 

 

Filed Under: