Trade Of The Week 6/7/20

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The WinCrease Trade of the Week goes to the +7 day weekly option play posted on 5/27 for Netflix. The easy money trade idea was designed to make money if the price remained above 380 by June 5th. If it did, the maximum return would be 13%. The hard money trade idea was designed to make a profit so long as the price remained above 412.89 by June 5th. It had two maximum profit target prices. The first maximum profit would be achieved if the price was at 420 by the end of the June 5th trading week. The second maximum profit target was if the price was above 425 by the end of the June 5th trading week. At close on June 5th, the stock price for Netflix was 419.60! The price movement for the week was a little rocky as the price moved as low as 400 during the week. It was a journey made only for the high risk taker. Congrats Team if you made it through on this one!

WinCrease Trade of the Week

Trade of the Week – Netflix +7 Day Weekly Option Play posted 5/27

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About Author

Dwayne Tucker is an individual investor who started trading in 2006. Like many other beginners, he lost a small fortune. From his experiences and diligent self-education, he created a simple method to earn a consistent return. Now he works to help other beginning investors avoid the same mistakes he made. He created the website with the help of Cambron, to simplify the the market and help anyone earn money.

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