Squeezing here.
1. IVP - 11%
2. IV - 29%
The breakout can be significant.
The options are a bit manipulated. So, build your position accordingly.
Buy the Volatility here. Spreads such as Back Ratio Spread, Buying Iron Condor / Iron Fly.
Below is an example.
For less experienced trader
BUY +1 IRON CONDOR CVS 100 (Weeklys) 11 SEP 20 65.5/69.5/65.5/61.5 CALL/PUT @2.50 LMT
For an experienced trader
BUY +1 1/1/-1 CUSTOM CVS 100 (Weeklys) 11 SEP 20/11 SEP 20/11 SEP 20 65/65/61 CALL/PUT/PUT @3.20 LMT
Both are done for a debit. Strictly close 1 week prior to expiration.
The risk is, This stock can squeeze for a month. However I feel like this will explode in 2 weeks.
1. IVP - 11%
2. IV - 29%
The breakout can be significant.
The options are a bit manipulated. So, build your position accordingly.
Buy the Volatility here. Spreads such as Back Ratio Spread, Buying Iron Condor / Iron Fly.
Below is an example.
For less experienced trader
BUY +1 IRON CONDOR CVS 100 (Weeklys) 11 SEP 20 65.5/69.5/65.5/61.5 CALL/PUT @2.50 LMT
For an experienced trader
BUY +1 1/1/-1 CUSTOM CVS 100 (Weeklys) 11 SEP 20/11 SEP 20/11 SEP 20 65/65/61 CALL/PUT/PUT @3.20 LMT
Both are done for a debit. Strictly close 1 week prior to expiration.
The risk is, This stock can squeeze for a month. However I feel like this will explode in 2 weeks.
Nota
Be ready to roll the trade next week. Rolling each leg at optimal time.Nota
Profitable on both examples. I am not going to carry this to next week. Low probability to make any money next week. Good Luck.
Uday C Santhakumar
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.
Uday C Santhakumar
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.