#LongCallDiagonals – This is a low risk and possible high reward shot. Using the Whiz long call diagonal with protective put strategy. Low out of pocket cost and should recover all of it pretty early in the trade. Buying LEAP calls and selling narrow LEAP bull put spreads to reduce initial cost. Then, selling front month calls against the position similat to AMZN, GOOGL, and JPM trades I’m currently in.
Bought Jan 2019 10 calls and sold Jan 2019 7.5/5.0 bull put spreads @ 4.75 debit.
Still deciding when and where to sell the first batch of front month calls…