Yea. That's correct atticus. Apparently its called the Tarzan does Jane trade. I like the risk with it. Not scary
Jeff I´m staggered into buying CALLS, or going to. Have my first three contracts. Though while you say 67 low I´m thinking maybe worse case scenario 65.08 This market is topping out. I would like to be all out of CALLS by Friday. Got rid of the other half of CALENDAR. I lost on that one. I´m buying June, but think I have to move to JULY and just made a note to that effect. Not enough time, to maneuver otherwise. Next week will be restricted to PUTS I think? I had the similar idea in mind. Was just trying to clear off the contracts from last week.
I´m curious to follow BABUs diagonal and straddle. When is GOOG earnings? Want to sit back and see if I can decipher it. Or back engineer.