One-Day Wonder Trades by Robert J. Seifert
Is there such a thing as a conservative one-day options trade that gives you an edge? Yes there is, and here is how professional options traders put it into action.
The existence of weekly options makes it possible to create weekly credit spreads, which in turn makes possible a specialty trade I call the one-day wonder trade. Want to find out more about it? Well, it combines the strength of a computer-generated opinion or advisory with an options strategy that I developed several years ago. The computer-generated opinion is used to provide the probable direction of the underlying stock. I apply this trading strategy to weekly options ...