Cabot Options Institute Quant Trader – Alert (DIA)
Dow Jones ETF (DIA)
With 37 days until the June 16, 2023, expiration, I want to lock in another profitable trade today, this time in DIA. We can take well over 50% of the original premium sold for a nice gain.
The trade marks 28 out of 32 winning trades for the Quant Trader service. There is no doubt we have had a tremendous year given all the challenges this market has faced since we started Quant Trader just under one year ago.
Buy to Close DIA June 16, 2023, 354 call strike
Sell to Close DIA June 16, 2023, 359 call strike for a total of $0.22. (As always, the price of the spread will vary, so please adjust accordingly)