Tim Biggam's Morning Trade: Lyft Inc. (LYFT)

Tim suggests the overall market is still trading range drifting to the downside. With earnings for LYFT this afternoon, Tim thinks the upward trend will continue. To take advantage of high near term implied volatility and long a cheaper option, he sets a $61 call calendar spread with strike prices outside the boundary of the market maker move expected range.

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Tim Biggam's Morning Trade: Lyft Inc. (LYFT)

Tim suggests the overall market is still trading range drifting to the downside. With earnings for LYFT this afternoon, Tim thinks the upward trend will continue. To take advantage of high near term implied volatility and long a cheaper option, he sets a $61 call calendar spread with strike prices outside the boundary of the market maker move expected range.

ON AIR
7:00 am
Market Overtime
replay

Get Market Minute

Daily insights for every investor

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