TRADE IDEA: DBA APRIL 20TH 18/20 LONG CALL VERTICAL
Metrics:
Probability of Profit: 38%
Max Profit: $140/contract
Max Loss: $60 contract
Break Even: 18.60
Notes: With the underlying at all-time lows, going for a small directional shot. Going out to April to attempt to take advantage of potential seasonality. Fills look to be pesky, with the bid/ask on this setup at .55/.65 (mid .60) ... . I would also note that the short call isn't taking much off the top in terms of debit paid (bid .10/ask .15), so this may be one of those cases where you might just want to go Plain Jane long call (bid .70/ask .75) and not cap out max profit with the shortie ... .
Probability of Profit: 38%
Max Profit: $140/contract
Max Loss: $60 contract
Break Even: 18.60
Notes: With the underlying at all-time lows, going for a small directional shot. Going out to April to attempt to take advantage of potential seasonality. Fills look to be pesky, with the bid/ask on this setup at .55/.65 (mid .60) ... . I would also note that the short call isn't taking much off the top in terms of debit paid (bid .10/ask .15), so this may be one of those cases where you might just want to go Plain Jane long call (bid .70/ask .75) and not cap out max profit with the shortie ... .
Nota
No one wanted to fill me at .60 for the 18/20, so went with the 17/19 instead (which appeared to be a little more liquid). Filled for a 1.18/contract db with a coin flip probability of profit at 49%, a max profit of .82/contract and a break even of 18.18.Dagangan ditutup secara manual
Covering here for a 1.20 credit, basically scratching it out. (Opened in wrong account). I'll reestablish it next week in the event that I continue to have enthusiasm for the idea ... .
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.