Trade Credit: $0.56 = 11.2% Return on Margin
Max Loss = 500 - 56 = $444
Strikes - Short 410 / Long 405
Reasoning:
1. Large friday afternoon drop, which I believe is somewhat expected due to the good week we have been having.
2. White lines indicate the current trading range A.K.A Support and Resistance
3. Yellow Dotted line = Recently low and becomes a MUST for me to be below in order to take this trade.
410/405 Pays >10% return on margin and is below the recent low, so I took the trade.
Usual management is 50% take profit or -200% Stop loss. Given that I entered this on a downward move, I went half size and may add additional positions later if the RoM (return on Margin stands).
Questions? Comments? Leave em below!
Max Loss = 500 - 56 = $444
Strikes - Short 410 / Long 405
Reasoning:
1. Large friday afternoon drop, which I believe is somewhat expected due to the good week we have been having.
2. White lines indicate the current trading range A.K.A Support and Resistance
3. Yellow Dotted line = Recently low and becomes a MUST for me to be below in order to take this trade.
410/405 Pays >10% return on margin and is below the recent low, so I took the trade.
Usual management is 50% take profit or -200% Stop loss. Given that I entered this on a downward move, I went half size and may add additional positions later if the RoM (return on Margin stands).
Questions? Comments? Leave em below!
ノート
This trade was exited today for 0.29 per contract, a little above below the 50% profit threshold, but I wanted to take advantage of the pop from the fed minutes. Closed for 48% profit, or 4.8% return on capital risked in just 5 days. Rinse and repeat!
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免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。