I've played yesterdays some S&P500 with vetical spread.
(1) RSI in the middle zone
Any direction is possible

(2) Forming a bullish triangle - again

Similar cases in the past one year:

(3) There is a little more space to the upside

(4) Relative Implied Volatility is low

So I'm choosing a debit strategy.
CONCLUSION:
I'm using LONG CALL VERTICAL -
Buy 1 SPY April16' 375 Call
Sell 1 SPY April16' 380 Call
Debit call spread for 4.12 debit
Probability of Profit: 66%
Profit Target relative to my Buying Power: 21%
Max profit: 88$
Max loss at expiry: 412$ (Buy Power)
Max loss with my risk management: ~95$
Tasty IVR: 4.8
Expiry: 36 days
Stop/my risk management: Closing immediately if daily candle is closing below $379
Take profit strategy: I'm taking at the 55% of max.profit in this case with auto sell order. (at 4.56 credit)
If you liked this article, check my other ideas.
Anyway: HIT THE LIKE BUTTON BELOW, and follow my fresh ideas ( @mrAnonymCrypto on tradingview ).
(1) RSI in the middle zone
Any direction is possible
(2) Forming a bullish triangle - again
Similar cases in the past one year:
(3) There is a little more space to the upside
(4) Relative Implied Volatility is low
So I'm choosing a debit strategy.
CONCLUSION:
I'm using LONG CALL VERTICAL -
Buy 1 SPY April16' 375 Call
Sell 1 SPY April16' 380 Call
Debit call spread for 4.12 debit
Probability of Profit: 66%
Profit Target relative to my Buying Power: 21%
Max profit: 88$
Max loss at expiry: 412$ (Buy Power)
Max loss with my risk management: ~95$
Tasty IVR: 4.8
Expiry: 36 days
Stop/my risk management: Closing immediately if daily candle is closing below $379
Take profit strategy: I'm taking at the 55% of max.profit in this case with auto sell order. (at 4.56 credit)
If you liked this article, check my other ideas.
Anyway: HIT THE LIKE BUTTON BELOW, and follow my fresh ideas ( @mrAnonymCrypto on tradingview ).
거래청산: 타겟 닿음
Trade closed at target profit in 2 weeks.10% profit on my capital.
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✔ GEX ✔ IVRank ✔ CALL/PUT skew ✔ Volatility✔ Delta curves
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관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
Boost up your charts with Options PRO!
REAL Options metrics for over 200+ liquid US symbols:
✔ 𝗔𝘂𝘁𝗼-𝗨𝗽𝗱𝗮𝘁𝗶𝗻𝗴 𝗚𝗘𝗫 𝗹𝗲𝘃𝗲𝗹𝘀
✔ GEX ✔ IVRank ✔ CALL/PUT skew ✔ Volatility✔ Delta curves
👉 7-day TRIAL 🌐 TanukiTrade.com
REAL Options metrics for over 200+ liquid US symbols:
✔ 𝗔𝘂𝘁𝗼-𝗨𝗽𝗱𝗮𝘁𝗶𝗻𝗴 𝗚𝗘𝗫 𝗹𝗲𝘃𝗲𝗹𝘀
✔ GEX ✔ IVRank ✔ CALL/PUT skew ✔ Volatility✔ Delta curves
👉 7-day TRIAL 🌐 TanukiTrade.com
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
