Simple bullish 'profit maximization' strategy - for small or large investors looking to capture a potentially strong upcoming price surge.
Technical analysis reveals potential short/moderate term consolidation. Focusing on shares over calls is a great way to contribute to the health of an upcoming resistance of the lower channel while reducing leveraged downside loss.
As it starts to move lower I plan to incrementally purchase call options expiring as late as mid August and as early as mid July. I don't plan on buying a lot of call options all at once as the stock may consolidate over a moderate period of time.
Please leave comments, I hope my trade is helpful for new and seasoned inventorswho appreciate concise simplicity.
*I am not a certified financial advisor
Technical analysis reveals potential short/moderate term consolidation. Focusing on shares over calls is a great way to contribute to the health of an upcoming resistance of the lower channel while reducing leveraged downside loss.
As it starts to move lower I plan to incrementally purchase call options expiring as late as mid August and as early as mid July. I don't plan on buying a lot of call options all at once as the stock may consolidate over a moderate period of time.
Please leave comments, I hope my trade is helpful for new and seasoned inventorswho appreciate concise simplicity.
*I am not a certified financial advisor