GPS announces earnings today. Let’s put on a bull call spread to capture any resulting moves.

Download Options Playbook Radio 147: GPS Bull Call Spread

Today we are looking at long call (aka bull call) spreads. You can find this in The Options Playbook, on OptionsPlaybook.com, or on the Amazon Kindle.

Brian discusses:

  • A review of last week’s bull call spread in SJM
  • GPS announces earnings on 2/23
  • Setting up the trade
  • Picking expirations to capture earnings and beyond
  • Picking strikes based on the expected move
  • What is the cost?