This class featured a food-based debate within the Consumer Discretionary sector. We reviewed a fast food company versus a sit-down restaurant in our head-to-head match-up. Watch the recording to see which stock won the class vote!
In today's class, we covered the exit rules for long vertical spreads and talked about closing out trades even before they hit levels where we would place stop orders. We also talked about aligning different options strategies based on purpose (reward or probabilities) with reward/risk opportunities. We entered new trades in the short verticals and swing trading categories.