We pondered some bullish strategies during yesterday’s impromptu session, but I may have to reconsider the idea of buying only on weakness, since we’re not seeing much of that. Our goal is to leg into ‘free’ vertical call spreads, of which I provided some examples during the webinar. But if the only pullbacks we can expect are brief ones in the opening hour, it will be far more difficult to leg into $5 verticals than $1 or $2 verticals. In any event, these trades will have to be improvised on-the-fly. Please don’t hesitate to prompt me in the chat room if you see opportunity, since a team effort in real time will likely produce the best results.
