Trade ideas

Today’s trade idea for option traders: Sinclair Broadcast Group (trade closed)

trade idea for option traders

When I introduced the trade from 12th November 2020, it could be closed 14 days later with a profit of $150 – 155$ per option. Today, there is another opportunity for a new options trade on Sinclair Broadcast Group. As the previous trade lies just a couple of weeks ago and there are no new earnings published, we have the same conditions: In spite of the negative earnings announcement in Q3 2020 (an operating loss of $4.18 B) there nevertheless comes a certain momentum upwards which gives to option traders an opportunity for a new trade on Sinclair Broadcast Group. So let’s check it out, folks.