FFIV - High 5 for F-5
F-5 Networks (FFIV) was up 2% today, and another 7% on earnings news tonight after the close. Soooo, the trade we put together on Monday's Live Trading Session with ETNtrade looks to be a lock for MAX PROFIT!!!
Here's the trade as discussed:
January 100/105/110 reverse put butterfly for an entry credit of $.56. As long as FFIV stays outside 100 - 110 through expiration, we keep Max Credit in the trade, which is a 13% return on risk in less than a week.
Like these types of results? Join us for a Live Exit Session on Friday where we show our GOOG earnings trade results Live in the Market. Talk about a solid option strategy! It's not your average strangle/straddle scenario, and we're set to be 6 for 6 on GOOG earnings plays. If you don't understand reverse strategies, we'd love to teach you...it's a Whole New World of Opportunity for YOU!
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