A Prime Opportunity
Ally Bank is a high quality bank with a stable price, reasonable valuation, and no upcoming catalysts in the next 30 days. Due to it's channeling price action, selling the OCT 15 48/55 short strangles, which have a breakeven of 46.48 and 56.52, seems like a free money trade. Earnings are on the 27th.
Alternatively, you could sell some 2:1 put ratios for a higher credit and more protection should the stock move higher into earnings.
Either way though, the R:R here seems highly attractive & could present a nice little $150-$200 win per contract.
Alternatively, you could sell some 2:1 put ratios for a higher credit and more protection should the stock move higher into earnings.
Either way though, the R:R here seems highly attractive & could present a nice little $150-$200 win per contract.
🚨🚨🚨
Get high-probability trade ideas and research directly to your inbox for free.
Follow us here and turn on email alerts to stay in the loop: seekingalpha.com/author/propnotes
Get high-probability trade ideas and research directly to your inbox for free.
Follow us here and turn on email alerts to stay in the loop: seekingalpha.com/author/propnotes
관련 발행물
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.