RKLB Stock Bullish Diagonal Trade Targets a Price of $85 by January 16th

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 longer-dated call and selling a shorter-term out-of-the-money call against it. The trade is best placed when the trader has a bullish outlook and thinks the stock could ge ...