Penny Increment Options watchlist on TDA

 

pennyincrementoption

Recently, at local option gathering group, we were discussing using TDA scan to identify stocks to play options. A friend ask for me for any good watchlist. I recommended them to use penny increment options from TDA platform that provide optimal price and  liquidity for option.

 

 

 

Option Strategy : Earning Play

20150320 Ebix breakout

This is a classic breakout after news of positive earning. The moment the breakout happens, it shot up 20% and will hoover back around 15% but will not drop to the previous day closing price. Recommended a few option kaki to sell put at 25 and 26 for roti prata premium of about 0.4% ROI in 7 days (better than bond or bank interest rate).

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