FRIDAY 13th SPOTLIGHT TRADE
Today I placed an order to Sell To Open 10 FSLY March 13th ( that's today ) 25 calls at $1.00 each. They are currently at 25 cents. Here's the strategy and the math. FSLY is currently at $24.22. If FSLY gets to 25.50 this order will execute giving me $1/share on 1,000 shares or $1,000. Lets say FSLY sells off back to $24.22. I keep my shares and the $1,000. If FSLY ends above $25 I get sold out at $25/share and still keep the $1,000 so $26K gets dumped into my cash account. So I will have sold FSLY at $25 from the purchase price of 21.62 last Friday to go to 2-0 in trading. Plus I received $1,000 cash from the 25 call short. That would make it 3-0. Let's see if that happens. The LeBlanc Leading Market Indicator ( LLMI ) has been issuing a Buy Signal with the strongest signal being yesterday. It's time to load into the market. I'm locked and loaded.