Trade Findings and Adjustments 07-02-2019
Where am I at tonight? Fishing, River Rafting, 66 mile long reservoir
Flaming Gorge UT !!!!
Earnings season technically starts with AA on 7/17
Typically we have a pre earnings run but we also have an unusually high number of multinational companies pre releasing bad numbers or statements that they won’t meet wall streets estimates
Thinking short term bullish with a pinch of what if
I would be looking at an ultra short term two week trade that could take advantage of the next five days of nothing
A July 12 expiration 197.50/200 bull call for a limit debit of $1.75
Max return $0.75