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NaughtyPines
Mar 7, 2018 7:42 PM

OPENING: GE JULY 20TH 13 LONG/APRIL 20TH 15 SHORT CALL DIAGONAL Long

GE AerospaceNYSE

Description

... for a 1.55/contract debit.

Another directional shot with a small "hurt" factor and plenty of time to reduce cost basis ... .

Trade closed manually

Covering here for a 1.83/contract credit, .28 ($28) profit per contract (18.1% ROC in 7 days).
Comments
Tom1trader
Guess that a bull call diagonal. Good luck with it! Been playing with a different (to me) management style for calendars and have a couple on now, will post when sure I understand it.
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