Thoughts expressed within this blog are exactly that and are not given as a definitive buy or sell recommendations nor investment advice. As any investment carries a risk it is advisable that due diligence and consultation with your investment professional before entering a trade. I may or may not execute trades discussed here if the events articled do not line up or present a reverse in trend.
"If there is blood in the water the sharks will swarm"
Wednesday, 28 February 2018
Earnings Report play for the week $DDD
This was a spread option trade.
In order to create a spread you are buying one option strike and selling the other. The difference between them is the spread. It reduces risk as it reduces the amount of capital in the trade.
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