Home › Forums › Market Discussion › Market Talk, 4/24 – 4/30 › JPM Income Trade
April 23, 2016 at 12:31 pm
#5560
Steven Place
Keymaster
Pretty simple idea here. The stock gapped and ran hard on earnings, and there’s some clear levels of resistance overhead into about 68.
Scaling calendar setup… start with the Jun/Jul 62.50 put calendar. Add 65 then 67.50 strikes as the stock continues higher.