The last 6 trading days have showed some positive volume. I think that a profit taking session will allow the bears to "believe" they are in control. But that will just turn into a short squeeze.
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Phillip's Income Options
Battle Plan
25-30 Days out Calendar Spreads
40-45 Days out Iron butterflies
35-40 Days out Classic Butterfly
50-55 Days out Iron Condors
40-45 Days out Double Diagonals
20 Trading DTE Verticals and Cash Secured Puts
All spreads will be managed with adjustments or will be taken off if 20% profit is reached.
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Performance ROE
Jan + 2.30%
Feb -3.30%
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Managed Account Performance. ROE
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Feb -3.0%
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Disclamer
The opinions expressed on this site are made available for educational and entertainment purposes only. Nothing on this website should be interpreted to state or imply that past results are an indication of future performance.
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