Chaikin Analytics Power Users
  • About Chaikin Analytics
  • Trading Meeting Videos
  • Subscribe to Chaikin
  • Market Conditions

may 11, 2020

5/11/2020

0 Comments

 

macro-monday

Trade Idea - Covered call on Steroids

Picture
Very bullish and oversold $INTC is in top performing sector (XLK) and sub-sector (SMH), with improving money flow and in a near-term sideways consolidation. We bought an in the money August call and reduced cost basis by selling an OTM June call.   Pretty good return on buying power from a "covered call" standpoint with the opportunity to roll once or twice if INTC takes a while to breakout. .  Watch today's video to learn more. 
Picture
Picture
Picture
Picture
Picture
Picture
0 Comments



Leave a Reply.

    14 Day Free Trial
    Learn to Trade With Market Scholars
    Oversold Buy Test Results
    Options Trading Results

    Archives

    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    February 2016
    January 2016

    RSS Feed

Proudly powered by Weebly