Options Playbook Radio 91: Double Diagonals and the Fed
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We have been talking about double diagonals for the last few weeks, which we are continuing in light of the Fed meeting yesterday. You can find this information on page 87 of the Options Playbook, or on OptionsPlaybook.com.
\\nToday, Brian discusses:
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- The double diagonal strategy around GE \\n
- It\\u2019s been almost 11 years since the Fed raised rates \\n
- Where was GE trading? \\n
- Setting up the double diagonal in GE \\n
- Don\\u2019t forget commissions! \\n
- What is the maximum reward? Risk? \\n
- Don\\u2019t manage risk, and you\\u2019ll get the stupid award \\n
- What do we want to happen? \\n
- What is the market saying? \\n
- So, what did happen? \\n
- And more \\n