A bullish diagonal spread is a complex option strategy that benefits from time decay and low volatility. It involves buying a longer-dated call and selling a shorter-term out-of-the-money call. Rocket Lab Corporation (RKLB) is a Strong Buy with positive technical indicators. A bullish diagonal spread on RKLB aims for a rally above $85 in the next five weeks, with a maximum profit of $650 and a maximum loss of $795. The trade benefits from time decay and has a suggested stop loss at $70. Remember, options trading is risky.

Read more at Barchart: RKLB Stock Bullish Diagonal Trade Targets a Price of $85 by January 16th