I am looking at playing the breakout, rather than a long hold strategy,
The challenge is to find options calls that wont expire before the breakout, but also are not too far out because they won't benefit as much from the breakout.
I will be seeing what the pricing is like on Monday. If it gaps up on Monday then maybe* too late.
Im looking at 24th, Dec, 2020 strike price of 85, one single call option which was last trade at 1.40
The challenge is to find options calls that wont expire before the breakout, but also are not too far out because they won't benefit as much from the breakout.
I will be seeing what the pricing is like on Monday. If it gaps up on Monday then maybe* too late.
Im looking at 24th, Dec, 2020 strike price of 85, one single call option which was last trade at 1.40