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Barchart
Barchart
Gavin McMaster

HOOD Stock Bullish Diagonal Trade Targets a Price of $85 by June 18th

HOOD Robinhood Robinhood Markets

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.

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