Description: Initiated this neutral strategy prior to some major moves yesterday. Going back, I shouldn't have done this trade (i.e., credit was way too small for the amount of risk I was taking on).
Justification:
- Directional Play: No. This strategy adds balance to my vega numbers.
- Technical: Short-term zone of congestion.
- Fundamental: Earnings continue to improve; Fed really supportive; jobs data positive; ISM manufacturing higher; market participants equally split between bullish and bearish ; virus data (if correct) shows the growth in virus cases slowing; trade going in a positive direction; and so on.
If/Then:
- Take profit? 20% of credit received.
Strategy Details:
- Short and Long leg: $2165, 2175, 2185
- Duration: Feb 21
Disclaimer: This is a page where I look to share knowledge and keep track of trades. If questions, concerns, or suggestions, feel free to comment. I think everyone can improve (myself especially), so if you see something wrong, speak up.
Justification:
- Directional Play: No. This strategy adds balance to my vega numbers.
- Technical: Short-term zone of congestion.
- Fundamental: Earnings continue to improve; Fed really supportive; jobs data positive; ISM manufacturing higher; market participants equally split between bullish and bearish ; virus data (if correct) shows the growth in virus cases slowing; trade going in a positive direction; and so on.
If/Then:
- Take profit? 20% of credit received.
Strategy Details:
- Short and Long leg: $2165, 2175, 2185
- Duration: Feb 21
Disclaimer: This is a page where I look to share knowledge and keep track of trades. If questions, concerns, or suggestions, feel free to comment. I think everyone can improve (myself especially), so if you see something wrong, speak up.
עסקה סגורה: היעד הושג
Closed at $0.60DB.
This page is where we look to share knowledge and keep track of trades. Feel free to comment if you have questions, concerns, or suggestions. Everyone can improve, so speak up if you see something wrong!
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
This page is where we look to share knowledge and keep track of trades. Feel free to comment if you have questions, concerns, or suggestions. Everyone can improve, so speak up if you see something wrong!
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.