For this week’s trade, we’re buying a $CVX October 180/200 Bull Call Spread for approximately $6.50 here. This means we’re long the 180 calls and short an equal amount of the 200 calls for a net debit.
Get the full details, risk management procedures and targets for this trade here:
Did enjoy this video? Shoot us a note and give us your feedback!
Want to learn more about Options Trading? Take our NEW Options Made Easy Course
Have any comments or questions? Give us a call: (323) 421-7991
If you enjoyed this, here’s where else you can hang out with us:
Subscribe to our Youtube Channel
Join All Star Options risk Free
Listen to Technical Analysis Radio on Apple iTunes, Android, By Email, Google Play or Stitcher
Follow @allstarcharts On Twitter
Follow Sean on Twitter @chicagosean