On April 29, Bob Lang appeared on CNBC’s Market Navigator to share some options trading strategies. Based on the Meta stock chart two days ahead of the earnings report, Bob shared a spread trade in Meta that turned out to be a big winner.
What made this a winning spread trade in Meta?
Bob and Sam DeMarco, who runs our Spread Trader service, walk you through the trade. You’ll learn:
- How this spread trade cut risk and yielded a huge winner
- Analysis of what made this trade so great
- The importance of Theta when options trading
- How Sam manages risk and time decay when spread trading
- Another options trading strategy that worked here too
