Unusual Options Activity: This RTX Covered Call Strategy Is Not for the Faint of Heart

Do you know what a Double Spread is? This morning, when I was contemplating writing something different about yesterday’s unusual options activity, the double spread caught my attention while running through the Options Industry Council’s web page about bullish options strategies. More News from Barchart A double spread is the combination of a Bull Call Spread and a Bear Call Spread. It involves two puts and two calls. Because I’ve got a cold and my head’s a bit clogged, I’ve passed on this strategy. Ma ...