A large block trade was placed last week in the beleaguered exercise equipment maker, Peloton (PTON). The 30,000 contract diagonal call spread may suggest there is some medium-term upside in the stock. The trade also implies there is a limit to how high the stock may climb over the next year and a half. The spread involved nearly $3 million in outlays for call premiums.
If you’re not doing this in your portfolio right now…
You could be missing out on $5,900 per month in retirement.
I’m not referring to some new dividend strategy…
And this does NOT involve forex or anything complicated or risky like that.
But this “Recession-proof” strategy can generate up to $5,900 per month… in up markets… down markets… and anything in between.
This post was originally published on InvestorsAlley