On September 8th, Sean and JC hopped on a Twitter Live Stream to discuss a recent trade idea for All Star Charts Options Members.
Here’s the play:
“I like a $BSX Nov/Mar 50-strike Call Calendar spread for a $1.15 debit or cheaper. This means I’ll be long the March 50 calls and short an equal amount of November 50 calls for a net debit which represents the most I can lose in this trade if it short-circuits on us.”
To learn more about the trade and the thinking behind it, click below to watch a replay of the Live Stream. [Read more…]