Earnings can be volatile and especially here lately we’ve seen a lot of solid reports that resulted in down moves for the stock. How can we take advantage of this while still having risk in only one direction? Let’s look at two examples in tonight’s video.
Based on past price action, its easy to be nervous holding onto QQQ puts. I use this to know when to get out.
Someone knew CTRL was going to be added to the S&P SmallCap 600, but it wasn’t me. Proper position sizing, and noting of this key retracement we were able to stay in the trade for today’s 9% gain.
These are two very different concepts, and if you aren’t familiar with them, it can cost you.