Only one of my 3 trades on Schwab got pushback.
This morning, I joined Marley Kayden and Kevin Green on Schwab Network’s Trading 360 for their Big 3, and I laid out 3 trades, each with the strikes, the expiration and the price.
First up is a bounce trade in something that just got hammered as the dollar ripped higher. I’m not looking to own it for the long haul. I’m looking for what traders call a rip-your-face-off rally.
My second trade is a short. A big-name stock just bounced inside what I think is still a downtrend, and I’m using that bounce to bet against it. Kevin disagreed with me on this one, which doesn’t happen often, and he lays out exactly why on the chart.
And the third is in a market where the options are priced like nothing can go wrong. I think that’s a mistake, and I set up a cheap way to take advantage of it.
To your success,
Don Kaufman
