To follow along, you can find long call spreads on page 60 of the Options Playbook. You can also play along online at OptionsPlaybook.com In this episode, Brian discusses:
- A review of last week's episode featuring TIF
- What happened since putting on the TIF paper trade?
- Moving on to FL, which reports earnings tomorrow, August 19
- Where is the long straddle trading on the options expiring on August 19?
- What is the outlook on FL?
- Setting up the trade
- What is the risk? Reward?
