11/12/2020 Recap - members only

The day: Red but there is nothing to do here.
- Here is the S&P picture for a "you are here" visual chart

>TRADING? I was going to share a OSTK trade but I think we will have another opportunity tomorrow.
- I think that the traders will have a cautious day tomorrow going into a weekend.
- Meanwhile, here is the video for OSTK if you are curious about the trade. video

>DOCU (level): Bouncing well where it needed. If long I stay long. chart

>BA (update): Not an obvious entry point short term. I refrained from selling a short term credit put spread because it could fade some more.
It just hit my upside short term targets.
HOWEVER, long term I still like it and think it is headed above 225 by middle of next year. I am still long as noted months ago. chart

Posted to Create Income with Options … on Nov 12, 2020 — 2:11 PM

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