#LongCalls #LEAPS – I’ll jump in this with you guys. Premiums great so can’t get hurt too bad even with that big ‘ol red bar today. 40 percent size here for a starter.

Bought LABU JAN 17 2020 110.0 Calls @ 31.00
Sold LABU JUN 29 2018 112.0 Calls @ 2.45

Payoff by Jan 2019 and Jan 2020 is .98/.25

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.