#LongCalls #LEAPS – I’ll jump in this with you guys. Premiums decent and earnings not until mid August.

Bought AMAT JAN 17 2020 50.0 Calls @ 7.70
Sold AMAT JUN 29 2018 50.0 Calls @ .49

Payoff by Jan 2019 and Jan 2020 is .25/.09

Playing this as my standard entry for first two weeks. Sell max calls and roll if negative deltas are reached. If negative deltas reached a second time then book it.