Today we are looking at long call (aka bull call) spreads. You can find this in The Options Playbook, on OptionsPlaybook.com, or on the Amazon Kindle.
Brian discusses:
- A review of last week's bull call spread in SJM
- GPS announces earnings on 2/23
- Setting up the trade
- Picking expirations to capture earnings and beyond
- Picking strikes based on the expected move
- What is the cost?
