15Jjun - Options Action revisits the Disney trade from 6may under the lofty headline of "i want more cash" and as usual overpromises undelivers. heres the clip,
the clip . with that exciting lead-in about how to make more money on a winning trade you would expect some type of fancy options strategy, maybe selling a higher strike call to "leg into" a spread to lock in a gain or something to actually make more money, but then Carter Worth comes on and says take profits, then Mike says hes inclined to take the money and run..dont they read their own scripts?? Lame. Mike says at the end you can roll the call up. scott adds nothing to the conversation as usual, dont know why he is even on the show anymore. watch that riduculous self promo at end of this clip for you to follow cnbcoptions on twitter...sounds pretty cool and hardhitting doesnt it..breaking news, analysis, trades..wow..good deal..oh wait.. cnbcoptions hasnt tweeted in 10calender day. OPUD, Over Promise Under Deliver. just chaps my ass when they dont live up to their own hype, anyway, i will close this trade in the spreadsheet per mikes comments, nice winner for a change for mike. here is the spreadsheet
google docs spreadsheet
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6may - on the show, mike has a trade on Disney, here is the video clip if you missed the show
Disney clip . super simple buy a call strategy. nothing pops in my head about commenting on this.. i dont follow disney.. you dont have to trade/ follow everything.
Buy the July 45 call for .85
