Trade details:
105/98 Put Vertical Debit Spread @ $2.69
Prob. of Max Profit = 13.29%
Prob. of Max Loss = 35.05%
Break-even @ $102.31
28 D.T.E.
Trade plan:
Entry by overbought + mean reversion signals
Expecting for pull-back to the $100 level well within the at-the-money straddle expected move by expiration.
Expecting to adjust aggressively to minimize loss if price moves above $106.50 level.
105/98 Put Vertical Debit Spread @ $2.69
Prob. of Max Profit = 13.29%
Prob. of Max Loss = 35.05%
Break-even @ $102.31
28 D.T.E.
Trade plan:
Entry by overbought + mean reversion signals
Expecting for pull-back to the $100 level well within the at-the-money straddle expected move by expiration.
Expecting to adjust aggressively to minimize loss if price moves above $106.50 level.
Nota
Adjustment: Due to break out of expected range + expiration date is close.
104/97 Put Vertical Credit @ 0.42
Converts CRM Debit Vertical into CRM Put Iron Condor
New position:
Adjustment into 105/104/98/97 Put Condor Debit Spread @ $2.27 (0.42)
15% reduction in Max Loss.
Expecting to take greater even smaller loss IF price drifts between $105 and $97 by expiration.
Same trade bias, but reduced Max Loss.
Dagangan ditutup: hentian tercapai
Adjustment into 105/104/98/97 Put Condor Debit Spread @ $2.27Expired worthless on Jan '18 expiration after adjustment 15% for reduction in Max Loss of $227.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.