Going directional here -- a rarity for me ... .
Metrics:
Probability of Profit: 47%
Max Profit: $114
Max Loss: $86
Break Even: 133.14
Notes: Here, I'm looking for IWM to weaken rolling into FOMC/rate hikes. However, if price breaks to the top side of the setup, I'll roll out for duration and credit by "flipping" the spread into a short put vertical ... .
Metrics:
Probability of Profit: 47%
Max Profit: $114
Max Loss: $86
Break Even: 133.14
Notes: Here, I'm looking for IWM to weaken rolling into FOMC/rate hikes. However, if price breaks to the top side of the setup, I'll roll out for duration and credit by "flipping" the spread into a short put vertical ... .
Nota
The up move in the Russell ... unrelenting. Rolling the short put up to the 133.5 strike (same expiry) for a .39 ($39) credit. There is still some time for this to "break down", but I'm prepared to roll it down and out, flipping it into a short put vertical for a credit if I have to ... .Nota
Oops. I may have posted this to another "chain" in error. In any event ... . Rolling the 133.5/134 long put vertical to Jan 20th 129/131 short put vert for a .31 credit to attempt to salvage something of this trade, since I don't see price breaking 133.5 in the next 4 days. Additionally, selling the Jan 20th 144/147 short call vert to complete a 129/131/144/147 iron condor.
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.