Good Afternoon team.

During the live session today we added an new trade in GE.  As I told everyone in room we might be just a little early into this position but with the market showing bullishness it seemed like a good time.  This is a rounded bottom breakout pattern that I want to build into a longer term Fig Leaf position.

If your interested consider the GE Jan 2019 13 strike calls.  They have huge open interest and a very tight bid/ask spread.  Consider placing the initial stop at or below $13.67.  We will look to sell calls against this position if the GE can move higher.

I don’t expect this trade to be fast moving.

Remember all trade ideas are for your evaluation and consideration.