Trade Findings and Adjustments 03-26-2019
What will most influence a trade to put on this week?
End of a month, End of a quarter and most likely sell off to cover taxes that will be due the middle of next month
Does today seem like the best day to put on a trade?
You could wait an buy into the selling on Friday
You could go directional long on puts
So for me and my thinking was let’s get thru the event, look for a spread where you leg in and out, or look longer term
But for 4 out of 5 years or 80% of the time over the last 5 years we have a good run in BAC AUG – DEC
Longer term BAC today $0.28 per contract
ITM or ATM Short calls on stock before their earnings – V, UAA, BA