1.13.2025
2nd trade of 2025 executed today.
Trade entry at 158 DTE (days to expiration).
Trade construct is a PDS (put debit spread) at Delta 25 combined with a PCS (put credit spread) at Delta 13.
Sizing and strike selection is designed to keep the risk/reward "AT EXPIRATION" to a 1:1 risk profile. This lets charm work it's magic (second order greek), while exploiting the fact that this is a non-directional bias. The process is a disciplined and systematic approach letting time decay evaporate the extrinsic time value from the short options until target profit is achieved.
IF target profit is not captured after 60 DIT (days in trade), then target is reduced by 50% for the next 30 days.
Happy Trading!
-kevin
2nd trade of 2025 executed today.
Trade entry at 158 DTE (days to expiration).
Trade construct is a PDS (put debit spread) at Delta 25 combined with a PCS (put credit spread) at Delta 13.
Sizing and strike selection is designed to keep the risk/reward "AT EXPIRATION" to a 1:1 risk profile. This lets charm work it's magic (second order greek), while exploiting the fact that this is a non-directional bias. The process is a disciplined and systematic approach letting time decay evaporate the extrinsic time value from the short options until target profit is achieved.
IF target profit is not captured after 60 DIT (days in trade), then target is reduced by 50% for the next 30 days.
Happy Trading!
-kevin
Dagangan aktif
2.12.202530 DIT
TP reduced and GTC order modified.
Dagangan ditutup: sasaran tercapai
2.28.202546 DIT
TP hit, trade closed.
+10.61% ROI net after fees/comms
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.