While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Bill Davis, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points.
I would like to suggest another position on Disney (DIS).
We got in a bit early the first time we traded it, but it looks like we can get in again at a lower price.
My suggestion is to buy the weekly options.
I don't want to suggest this week's expiration, instead I will suggest you go out a week.
Because these calls only have a week and one half until expiration, I will suggest only a .4% allocation.
This limits the buy in to 6 contracts.
Buy to Open June 23, 2017 $107 Call for $.73.
Once again, these are the calls that expire a week from Friday.