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On today’s call we discussed rolling some positions that have entered the theta decay window. When we still like a setup, but we didn’t buy enough time, we simply buy more calls further out.
Remember, this is what we did with SOUN. It was a zero before it was our best trade of the year.
Right now, HIMS is coming out of a perfect pattern as bulls regain control of the tactical trend.
We are going to game this roll a little bit and hold onto our existing calls for now. I think we’re coming out of this coil and can get more for them soon.
But in the meantime, let's position in new calls that give us a better shot of winning big.
Here's the recording and the chartbook from the third Breakout Multiplier Mastermind class.
Here, we go deep into the anatomy of a Breakout Multiplier trade, from idea generation, including system mechanics and trade executions, to risk management, including position sizing and, of course, selling the double.