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Kal's Option Trade of the Week - SHOP Short Call Vertical

Hi Traders, 

The market has been on a tear up for the last few weeks and volatility is taking a beating. So what's a trader to do? While we prefer higher volatility, when the whole market has no volatility we can still be aggressive if we like.

So, as a contrarian, I am still going to Sell something. Specifically in Shopify, which has been near its highs for the last few weeks.

We will do that by making a Short Call Vertical trade to bet that it starts to wane over the next weeks.

Watch the video to get the details.


Trading Risk Disclaimer 
All the information shared in this video is provided for educational purposes only. Any trades placed upon reliance of are taken at your own risk for your own account. Past performance is no guarantee. While there is great potential for reward trading stocks, commodities, options and forex, there is also substantial risk of loss. All trading operations involve high risks of losing your entire investment. You must therefore decide your own suitability to trade. Trading results can never be guaranteed. This is not an offer to buy or sell stocks, forex, futures, options, commodity interests or any other trading security.

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