Correction from this morning please read

Correction from this morning

In this mornings edition of the Pre Market report I errantly typed in to sell the Put on the COST Strangle
We wanted to Buy the Put just as we are Buying the Call

That trade has moved on and new strikes are now in play
I’ll be talking about that later today

If anyone tried to Sell the Put on that trade the MID price would of gone from $9.68 at the MID to over $63.40 at the MID
I’m sure all of you would of caught that had you of tried to employ that…
But if you didn’t and you put that trade on, good on ya investor, your profit today has got to be incredible….. COST rose 1% and the deep ITM Put would of pushed profit up.. But unless your “Uncle Warren” the out of pocket cost on your end would of not been good

I’ll be back after the close to talk about the awesome day we are having today

The Options Coach

Here is the Heat Map as it looks at the moment

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