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The Bull Strangle Newsletter, released weekly, shares a trading strategy that has achieved a documented 76%-win rate and outperformed the S&P 500 by 240% since inception. The strategy combines buying stock and simultaneously selling out-of-the-money covered calls and cash-secured puts to generate option premiums and manage risk. Watch List Favorites This week the Newsletter contains 20 stocks and ETFs across 9 sectors. 2 of the stocks on the Watch List are detailed below: Snap Inc: Snap Inc. operates as a technology company in North America, Europe, and internationally. The company offers Snapchat, a visual messaging application with various tabs, such as camera, visual messaging, snap map, stories, and spotlight that enable people to communicate visually through short videos and images. Snap Inc reported strong earning on Wednesday and jumped over the downward trendline. SNAP should find support from this and 3 moving averages. Zeta Global Holdings Corp. ZETA operates an omnichannel data-driven cloud platform that provides enterprises with consumer intelligence and marketing automation software in the United States and internationally. Zeta Global Holdings reported strong earnings on Tuesday and has since jumped over the downward trendline. ZETA should also find support from the 20- and 100-day moving averages. Past Performance Each week the Newsletter contains around 20 stocks / ETF's on the Watch List to be opened the following Monday for expiration 4 Fridays later. Since the expiration cycle on May 23, the average stock gain on the Watch List has outperformed the S&P 500 20 of 25 weeks. The average Watch List to S&P 500 ratio currently sits at 2.42 : 1 in favor of the Watch List. More Information For a short video explaining the Bull Strangle strategy. To subscribe to the Bull Strangle Newsletter Contact Darren Carlat Managing Director Darren@SpreadEdgeCapital.com (214) 636-3133 Disclaimer This information is for informational purposes only and should not be considered as investment advice. Past performance is not indicative of future results, and all investments carry inherent risk. Consult with a financial advisor before making any investment decisions.
