Long time waiting for a pullback at this territory....
Today RSI breaking up, volume arrived, but IVR is still very high.
Optimal for some credit put spread.
Max profit: $250
Probability for 50% of Profit: 72%
Profit Target relative to my Buying Power: 33%
Req. Buy Power: $750 (max loss without management before expiry, no way to let this happen!)
Tasty IVR: 80
Expiry: 22 days
Sell 2 TAL Jul16' 22.5 Put
Buy 2 TAL Jul16' 17.5 Put
Credit Put spread for 1.25cr each
Stop/my risk management: Closing immediately if daily candle is closing BELOW the box, max loss in my calculations in this case could be 250$.
Take profit strategy: 65% of max.profit in this case with auto sell order at 0.44db.
Of course I'll not wait until expiry in any case!
If you liked this article, check my other ideas.
Anyway: HIT THE LIKE BUTTON BELOW, and for fresh option ideas FOLLOW ME( @mrAnonymCrypto ) on tradingview!
Today RSI breaking up, volume arrived, but IVR is still very high.
Optimal for some credit put spread.
Max profit: $250
Probability for 50% of Profit: 72%
Profit Target relative to my Buying Power: 33%
Req. Buy Power: $750 (max loss without management before expiry, no way to let this happen!)
Tasty IVR: 80
Expiry: 22 days
Sell 2 TAL Jul16' 22.5 Put
Buy 2 TAL Jul16' 17.5 Put
Credit Put spread for 1.25cr each
Stop/my risk management: Closing immediately if daily candle is closing BELOW the box, max loss in my calculations in this case could be 250$.
Take profit strategy: 65% of max.profit in this case with auto sell order at 0.44db.
Of course I'll not wait until expiry in any case!
If you liked this article, check my other ideas.
Anyway: HIT THE LIKE BUTTON BELOW, and for fresh option ideas FOLLOW ME( @mrAnonymCrypto ) on tradingview!
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✔ GEX ✔ IVRank ✔ CALL/PUT skew ✔ Volatility✔ Delta curves
👉 7-day FREE TRIAL 🌐 TanukiTrade.com
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Boost up your charts with Options PRO!
REAL Options metrics for over 250+ liquid US symbols:
✔ 𝗔𝘂𝘁𝗼-𝗨𝗽𝗱𝗮𝘁𝗶𝗻𝗴 𝗚𝗘𝗫 𝗹𝗲𝘃𝗲𝗹𝘀
✔ GEX ✔ IVRank ✔ CALL/PUT skew ✔ Volatility✔ Delta curves
👉 7-day FREE TRIAL 🌐 TanukiTrade.com
REAL Options metrics for over 250+ liquid US symbols:
✔ 𝗔𝘂𝘁𝗼-𝗨𝗽𝗱𝗮𝘁𝗶𝗻𝗴 𝗚𝗘𝗫 𝗹𝗲𝘃𝗲𝗹𝘀
✔ GEX ✔ IVRank ✔ CALL/PUT skew ✔ Volatility✔ Delta curves
👉 7-day FREE TRIAL 🌐 TanukiTrade.com
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.