Last week, one of our traders found a great trade setup in Wynn Resorts (WYNN). This is a very common bearish charting pattern and 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 called for a Bear Call Spread.
Typically, for the strategy chosen, our traders aim for a 10-40% return of capital placed into the trade. 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 called for a Bear Call Spread.
Typically, for the strategy chosen, our traders aim for a 10-40% return of capital placed into the trade. 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.
