We are currently right in the heart of Earnings Season, and if early results are any indication, it is going to be a blockbuster one indeed. So far, we have seen stocks outproduce the predicted moves in impressive fashion. On today's Free Trading Demonstration Webcast, we looked at three unique types of trades, all of which have been performing excellently in recent weeks.
Here is an example of one of the trades we are following this week from our Monday Live Trading Class:
Boeing (BA)- 340.68 at 3pm ET on Monday
Earnings: 1/31 Before Open
Priced In Move: 17.80
Buy February Week 1 350/352.50 Call Spread for $.80 Debit
Profit Potential: $.1.70
Break Even Point: 350.80
Exit: Hold to Expiration
Asset Allocation: 2 Units
On the Live Trade Exits Class tomorrow, we will exit this and all trades placed this week. To join us, please click on the registration link to the right of this Blog on this page.
Also, we will be starting a Boot Camp Training Series next Tuesday. If you are interested in joining us for this, please email us at Support @ETNtrade.com so that we can give you the details to enroll.
Let's make 2018 our best year ever!