If you’re interested in a seeing a brief explanation of how I traded AAPL’s FEB Option Chain – Long Call then watch this video on my YouTube Channel.
In this video I show my strategy using some basic parameters. These are Fibnoacci Ratios, Exponential Moving Average chart overlays and the options charts for my entered Long Call trades at the 115 and 120 strike prices.
Your take away is identifying: the optimal premium strike price in relationship to the volatility of the underlying asset and knowing when to exit the trade – price exhaustion.
Trading With Rich