Dr. Jim has Anthony moving at the Speed of Light this week. Today, they waste no time and move full steam ahead into the explanation of a new strategy: the Long Call Vertical.
Anthony learns that this will have two parts: a Long ITM Call and a Short OTM Call. Flying through this, Anthony is introduced to a new term, the Breakeven Point (BEP), which for this strategy is the ITM call strike plus the cost of the strategy.
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