Long TZA Using October Calls for Triple-Digit-Bagger
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Bags are coming. My strikes are set for 10/16.
Managed to swoop in on the 17 calls this AM for under a buck, but Im sure there will be opportunities tomorrow, since it is the first of the month.
Managed to swoop in on the 17 calls this AM for under a buck, but Im sure there will be opportunities tomorrow, since it is the first of the month.
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Im going to give this another shot and add about double the size to my 11/20 position that I started on Friday.
This thing is going to really fly soon.
The longer-term vwap is like 17 bucks, so if it opens below that and the market is clearly heading lower, then I wouldn't hesitate with 19.50 calls for 11/20.
This thing is going to really fly soon.
The longer-term vwap is like 17 bucks, so if it opens below that and the market is clearly heading lower, then I wouldn't hesitate with 19.50 calls for 11/20.