What is the MagniZone options play? Which strike and expiry?

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Accepted Answer

Every call shows an at-the-money call on a standard monthly expiry: about 60 days out on a daily call (45 to 95), about 40 on a 4-hour call (28 to 65). Its price is the contract's real price when the call fired. The contract Side: a call (MagniZone calls buys). Strike: the listed strike nearest the entry: at the money. Expiry: a standard monthly (the third Friday), further out on the slower chart so the trade has time: about 60 days on a daily call, about 40 on a 4-hour. Price: the contract's own price at the moment the call fired (the live price within the hour, or that session's close for a daily call), then its latest daily close while open. When to sell it With the stock: half at the conservative target, the rest at the aggressive target, or out with the stop or after 20 candles (the stop and targets). Spreads A spread is not part of the call. Members who find the premium high sometimes trade a debit spread instead: if you do, size it to the stock trade's stop and targets. It is on every call's card on MagniZone Live and in MagniZone 2.0 Alerts.