I've used LazyBear's COG Channel for several strangle trades this past two weeks with exceptional returns. A strangle option is simply buying puts and calls with the same expiration. You purchase a strangle when you don't know direction and want to play the rise of volatility (vega, IV) for each direction.
Chart Indicator
COG Channel Squeeze is simply when you see a number of the blue crosses lining up.
I was able to make more than a 6,000% return on my put options, because the squeeze was leading up to earnings date.
More Examples Below. *Check out YUM for a possible play a week or two before 2nd Quarter earnings July 16, 2014.
Chart Indicator
COG Channel Squeeze is simply when you see a number of the blue crosses lining up.
I was able to make more than a 6,000% return on my put options, because the squeeze was leading up to earnings date.
More Examples Below. *Check out YUM for a possible play a week or two before 2nd Quarter earnings July 16, 2014.