Eliasm25

LABU Option Straddle Strategy

Long
AMEX:LABU   Direxion Daily S&P Biotech Bull 3X Shares
In lieu of the FED announcement Wednesday, June 18, 2019, I foresee there being immense volatility in the market. Due to this volatility, I see an excellent opportunity to enter into a straddle at a $49 exercise price with expirations for June 21, 2019.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.