Here is a great trade made in an ETF: PureFunds ISE Cyber Security (HACK). This can prove to be a very strong bullish charting pattern, one of many covered in Maverick's curriculum.
There are many different trading strategies available to take advantage of this type of setup in the options world. In this case, our trader’s personal Trading Plan directed him to buy a call option.
Typically, for the strategy chosen, the risk is the premium paid and our traders aim for a 50%+ return. At Maverick Trading, we pride ourselves on our community of traders. Every week in our live Trading Room, our traders share their favorite new trade setups (like the one above from last week) with all of their fellow Maverick traders.
NOTE: Chart(s) courtesy of FINVIZ.com.
There are many different trading strategies available to take advantage of this type of setup in the options world. In this case, our trader’s personal Trading Plan directed him to buy a call option.
Typically, for the strategy chosen, the risk is the premium paid and our traders aim for a 50%+ return. At Maverick Trading, we pride ourselves on our community of traders. Every week in our live Trading Room, our traders share their favorite new trade setups (like the one above from last week) with all of their fellow Maverick traders.
NOTE: Chart(s) courtesy of FINVIZ.com.
