Here it is this weeks Edge Report , we discuss the Macro economics that can affect the markets
Please give it a read and subscribe
https://t.co/tcVRRptuj6
@optionscjp Nothing wrong with buying calls especially LEAPS , get all the upside and have downside protection. Seems like the only people against them are people who sell courses or charge a fee about selling options .
Sold a defined‑risk put spread on CZR
Short 26P @ 0.51, long 25P @ 0.04 → net credit 0.47 on a 1‑point wide spread. Max profit 47, max loss 53, breakeven 25.53. I’m basically betting CZR stays above 26 into expiry and getting close to 1:1 risk/reward for taking that shot.