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[Options Premium] A Cautiously Bullish Bet in Retail

May 21, 2020

Ok, I have to be honest here. I'm not incredibly bullish at these prices. As much as I try to divorce myself from the news cycle and the fundamentals, its hard to think NOW is the time to get long.

That said, only price pays, and charts and declining volatility in many stocks is telling different stories.

The beautiful thing is I can express bullish trades with options and clearly define my risk. Here's one that looks like a good risk reward:

 

 

 

 

 

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