The last 50 days, we got a nice move of over 50% in Natural Gas over 50%. I just closed a covered Strangle for a nice profit and its now time to redeploy, since I think the price is going to slow down.
Price is over extended above the 20EMA and I expect a correction, so I just made one of my favorite trades. The double Ratio. I bought the 4.25 Call and sold two of the 4.45Calls and bought the 3.45 Put and sold the 3.25 Put.
This trade has a 74% chance to make money and my target is a profit of $800. Since I am using $2,100 to have the trade on, I am expecting a Return of 38% in 56 days (Not bad).
We make money as long as price stays in the green zone between the prices of 2.969 - 4.73 and since We have our Moving average above our break even in the downside we would need a pretty strong move down to get tested.
Price is over extended above the 20EMA and I expect a correction, so I just made one of my favorite trades. The double Ratio. I bought the 4.25 Call and sold two of the 4.45Calls and bought the 3.45 Put and sold the 3.25 Put.
This trade has a 74% chance to make money and my target is a profit of $800. Since I am using $2,100 to have the trade on, I am expecting a Return of 38% in 56 days (Not bad).
We make money as long as price stays in the green zone between the prices of 2.969 - 4.73 and since We have our Moving average above our break even in the downside we would need a pretty strong move down to get tested.
Dagangan aktif
We got one of the biggest day move in the last 2 years yesterday, so I decided to close the Call ratio for a profit of $490 and Sold to open a new Call to reduce my cost basis in case this thing keep falling down.Dagangan ditutup: sasaran tercapai
Closed for a $840 win.Penerbitan berkaitan
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.
Penerbitan berkaitan
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.