Hi Advanced Traders!
If you had AMZN or AMD bear call spreads that you set up a couple of weeks ago, feel free to close them and lock in your profits. Theta should have theoretically decayed a good portion of the option contracts.
This week, I'm planning on sitting still and watching how the markets move after the CPI data was released. Like what I mentioned in my other post this week, I am observing for any trend changes.
If you want to still set up spreads, just be mindful that earnings are coming up towards the end of the month, which means that there might be some volatile swings.
I will update you on what I decide to do next week.
Have a great weekend everyone!😀
Steve and the Call to Leap Team
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