HOOD Stock Bullish Diagonal Trade Targets a Price of $150 by November 21st

A bullish diagonal spread is an advanced option trade and generally not suitable for beginners, but it can have its place within an option portfolio. It is a bullish strategy that benefits from time decay and is best placed when volatility is low, such as the current conditions. More News from Barchart The strategy involves buying a long-term call and selling a monthly out-of-the-money call against it. The trade is best placed when the trader has a bullish outlook and thinks the stock could get to the ...