Create Your Basket of Stocks To Trade!

Having a “basket of stocks” to follow on a weekly basis is ideal for successful LEAPS and spread trading. You do not have to keep track of hundreds of stocks that have LEAPS available on them either. As long as you have a solid basket of 50-100 diversified stocks that have listed options, and preferably LEAPS available that is adequate. It is also not necessary to “over-analyze” charts on your herd of stocks. Let the trades come to you and just make it a weekly habit to glance over your “basket of stocks” charts’. Being in the habit to see technical patterns or trends on the chart will help keep this habit to a 30-minute a day or less activity.

Scanning through your basket of stocks for potential option trades is a great weekly habit.

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