One Day Wonder
A Quick One Day Trade To Round Out The Week
One-Day Wonder Trades For The Week Of 12-23-19. Check Back On Thursday Afternoon.
Quick Take: One Day Wonder – Bullish Trade
Time Frame: One Day.
Underlying Stock: Bullish Market Edge Opinion – No Stock Position.
Desired Stock Price Direction: Up.
Option Position: Long Deferred ATM -1or -2 Call – Short Expiring ATM +1 or +2 Call.
Maximum Risk: Initial debit spread amount.
Summary: The stock performs as anticipated. The premium (air) is the short expiring call goes to zero while the long deferred call gains additional premium.
Quick Take: One Day Wonder – Bearish Trade
Time Frame: One Day.
Underlying Stock: Bearish Market Edge Opinion – No Stock Position.
Desired Stock Price Direction: Down.
Option Position: Long Deferred ATM +1 or +2 Put – Short Expiring ATM -1 or -2 Put.
Maximum Risk: Initial debit spread amount.
Summary: The stock performs as anticipated. The premium (air) in the short expiring put goes to zero while the long deferred put gains additional premium.
This Week’s One-Day Wonder Trades – Thursday
One-Day Wonder Trades, if any are posted on Thursday around 3:00 AM EST.
There are no new One-Day Wonder Trades today.
Results for this week’s trades will be posted over the weekend on the Scoreboard.
As Seen in Stocks and Commodities Magazine, the Optiononics One Day Wonder trade is a One Day (Overnight) trade that you can use the day before expiration to turn quick profits with limited risk. Watch the video and then download the booklet.