Options Playbook Readio 116: Long Call Spreads with a Twist

Published: July 14, 2016, 6:27 p.m.

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We are back to strategies this week and are looking at long call spreads...with a twist. If you're following along at home, this is on page 60 of the Options Playbook, but you can always find it on OptionsPlaybook.com.

Jumping in:

  • AMZN is announcing earnings in two weeks, but we are looking to avoid those earnings
  • We're taking a traditional long call spread, and trying to make it time/premium positive
  • What does that mean?
  • What is the break-even?
  • Setting up the trade
  • What adjustment would we make to it?
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