Calendar’s can be a good way to trade a range bound security. I have a number of formulas I use to determine if a particular trade shows promise as a calendar. Most of them can be broken down into this simple statement. You want to sell more time than you are buying. What does this […]
Month: January 2018
TSLA 05/17/2017
This started out as a short term put credit spread. The 7, 21 and 50 moving averages were showing resistance as well as two price point consolidation points on the chart. Momentum was pointing down and I felt this would be a good 2 day trade. When I entered the trade TSLA was trading at […]
