While the meme stocks have been getting most of the headlines lately, Roblox (RBLX) continues to have very active options. One day last week, around 140,000 options traded, with 70% of the activity on the call side. That tends to be a bullish signal. Several of the larger trades looked to be bullish as well, with out-the-money call buying and at-the-money put spread selling in July options. RBLX is a $50 billion video game company that recently had its IPO and has been popular among investors.
Join me and 25-year options trading veteran and well-known options author, Euan Sinclair, to discover how you can apply basic mathematical and statistical principals to your trades for edge, making every trade more likely to be a winner.
They will show you how with covered calls, a shrewd trader can combine the potential for equity appreciation with the harvesting of overpriced volatility to create a position with attractive risk/reward characteristics.
You'll also learn how to choose the proper strikes and expirations for the strategy... something that can stump even veteran traders.Click here right now to sign up.
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