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LONG CALL · LONG PUT · WAIT

signal, direction, example setup

The direction of the rule-based example setup. LONG CALL bets on rising prices, LONG PUT on falling prices. WAIT means the picture is unclear or a risk outweighs the setup. No trade is a decision too.

In the screenerThe screener's example setups are always long calls or puts, never short options, so the risk is limited to the premium paid. A WAIT signal has a score of 2 at most.

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Related terms

All terms in the options glossary → · Methodology →