Found some good trades in the Webinar but I already forgot what they were.
Best needs to go in the LTP, which has no HOV:
- Buy 10,000 shares HOV at $1.47 ($14,700)
- Sell 100 2018 $1 calls for 0.90 ($9,000)
- Sell 100 2018 $2 puts for 0.90 ($9,000)
That's a net credit of $3,300 and, if HOV is over $2 in Jan 2018, you get $10,000 and keep the $3,300 (up $13,300) and your worst case is you have to buy 10,000 more shares for $20,000 less the $3,300 cash we collected is $16,700 for 20,000 shares = 0.835/share. Even in an IRA with no margin, that's a good trade!
We made $480 trading /TF and /CL in the last half hour so I feel like the Webinar was worthwhile.


