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MacroVoices #336 Charlie McElligott: Is There Another Shoe To Drop For Equities?

Macro Voices

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A Lottery Ticket Strategy That Gives You Huge Upside

In the debit spread or bull call spread scenario, what we're talking about is basically making a small bet that's going to have a big payoff. This strategy involves the selling of one closer at the money call. What you're looking for is that extraordinary right tail move where a crud oil in this calendar year is going to be exploding north of a hundred and 25 dollars with some upside momentum. But from a cost perspective, this options trade is done at a zero cost.

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