Tech and energy leading the way here and we’ll continue to ride that horse until she bucks us. Bonds and gold bouncing and taking some profits here in Bitcoin. New earnings trade in SWKS, which may not be as bad as it looks.
SMS Issued Monday:
*New Trade Alert – Tier 4 Long CVX * BOT +1 VERTICAL CVX 100 (Weeklys) 1 DEC 17 116/121 CALL @1.27 CBOE. (in the 1st weekly Dec options, buy the 116 calls, sell 121 calls. OR you can do this as a back ratio and sell 2 of the 121 calls. SOLD -2 1/2 BACKRATIO CVX 100 (Weeklys) 8 DEC 17 116/120 CALL @-.90 CBOE ( buy 116, sell 2, 120 calls).
**New Trade Alert – Tier 4 Long SWKS – Earnings Trade. BOT +1 BUTTERFLY SWKS 100 (Weeklys) 10 NOV 17 115/120/125 CALL @1.15 ISE In the options that expire Friday, sell 2of the 120 calls, buy 1 of the 115 calls, and 1 of the 125 calls. -TG-
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