“The Post” refers to a long-term (LEAP) position established in a quality stock that has significantly fallen in price. Using the post as the core position, TTP traders will write against the long position to collect premium in order to pay off the capital at risk.
Using the post, traders play short-term breakouts and breakdowns and continue to roll up the LEAP to secure profits and stay in the trade when appropriate. The goal is to work towards a paid-off LEAP that continues to appreciate in value.
Check out an overview of Trading the Post here.
Watch how Ronchero selects a LEAP candidate here.
Questions or suggestions?
Please reach out if you have any further questions or suggestions.