Option Strategies: LEN& FDX
Hello everyone! Today i want to share some option strategies with you!
1.
This optionselling strangle trade on $Lennar(LEN)$ should be okay today. Will let the call side expire worthless for max profit, and will close out the put side for profit. 🤑
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2.
$FedEx(FDX)$ trade worked out well. Will close this put credit spread out for $200 profit. 🤑
Utilized less buying power and picked conservative strikes, which means less stress on the trade. That's how we like it!
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3.
$Lennar(LEN)$ releases earnings after the closing bell. Expected move at 5.4%. Anyone up for an optionselling strangle?
- STO Sep 26 expiry 110 put
- STO Sep 19 expiry 160 call
🤔🤔🤔
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