May 31 #UnbalancedDiagonal LMT
This seems like an appropriate name for the trade developments from last night? The Unbalanced Diagonal replaces the back ratio with a time ratio. It should accomplish the same or better (significantly better on a directional trend) outcome with slightly less risk. I absolutely love the collaboration last night on this!! Thanks @fuzzballl for your discovery weeks ago of the time ratio!

Sue

Here’s my first trade:
LMT 1. Bought 5 Sep 310 calls @19.00 2. Sold 3 Jun8 320 calls @ 2.57
Max Risk: $8729, Weekly return on risk: 8%

#fuzzy