A trader on my social media is long
AAPL
options as the charts begin to setup a potential Double Top with RSI overbought. The trader does not want to close their trade but feels the need to take some profit. In these situations I like to convert single directional options plays into a Calendar Spread or Diagonal Spread. In this video I use this real time example to demonstrate why and how this can be done.
"Be to others the person you needed to meet 10 years ago"
Discord Trading Community: discord.gg/eDfhKvS5AC
Youtube: www.youtube.com/c/NoroksNotepad
Twitter: twitter.com/noroktrade
Discord Trading Community: discord.gg/eDfhKvS5AC
Youtube: www.youtube.com/c/NoroksNotepad
Twitter: twitter.com/noroktrade