Advanced Auto Parts and Block Inc leads the Bull Strangle watch list for this week

Bull on Wall Street by Alexander Naumann via Pixabay

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 across 9 sectors plus 2 uncorrelated ETF’s.  2 of the stocks on the Watch List are detailed below:

  • Advance Auto Parts, Inc. engages in the provision of automotive aftermarket parts in the United States and internationally. 
  • Block, Inc., together with its subsidiaries, builds ecosystems focused on commerce and financial products and services in the United States and internationally. It operates through two segments: Square and Cash App. 

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 19 of 20 weeks.  The average Watch List to S&P 500 ratio currently sits at 2.96 : 1 in favor of the Watch List.

More Information

For a short video explaining the Bull Strangle strategy.

For more detail on the 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.

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