Live Fig Leaf (Long Diagonal) Trade in WMT

December 3, 2018/0 Comments/in Mentor Blog /by Dan Sheridan

With WMT around 98.75 , I bought 1 Jan 11 94 Call and Sold 1 Dec 14 98 Call for a 3.91 Debit. Looking to make around 10% on this trade, so I would sell out for 4.30 Credit. If the spread trades under $3.50, a loss of 10%, would get out.

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Live Fig Leaf (Long Diagonal) Trade in WMT

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