In a boring market week with little volatility, finding opening trades has been a hard endevour. Luckily, Tom and Tony snuck some opening positions in between scalping and hedges.
James joins the dynamic duo to restructure a few of Tom's trades from Thursday. They look at short premium trades in 3 underlyings: P, TSLA, and TGT.
In P, Tom sold a straddle, which James spins into an Iron Fly example, appropriate for IRA's and tastyBites accounts.
Tom sold a sizeable strangle in TSLA on Thursday, James resizes it twice, once for IRA's and once for tastybites accounts.
The last trade was from Trades from the Research Team, where Dr Data traded TGT. James turns a Jade lizard into an Iron Fly, while eliminating risk to the upside.
Tune in for all the Resizing and Analyzing for this week.