TRADE IDEA: XOP FEB/MARCH 25/30 UPWARD CALL DIAGONAL
Metrics:
Max Loss/Buying Power Effect on Setup: $338/contract
Max Profit on Setup: $162/contract
Break Even: $28.38 versus $28.63 spot
Debit Paid to Spread Width Ratio: 67.6%
Delta: 39.2
Theta: .61
Notes: A bullish assumption shot at the low end of the range. Ordinarily, I like to go split month with these to give me more time to reduce cost basis, but there isn't an April expiry available yet, so going shorter duration (and therefore cheaper). Shooting for 50% max (.81/$81). I'll adjust the trade or cancel it in the a.m. pre-NY open if /CL price is substantially different from where it was at Friday close (48.31).
Max Loss/Buying Power Effect on Setup: $338/contract
Max Profit on Setup: $162/contract
Break Even: $28.38 versus $28.63 spot
Debit Paid to Spread Width Ratio: 67.6%
Delta: 39.2
Theta: .61
Notes: A bullish assumption shot at the low end of the range. Ordinarily, I like to go split month with these to give me more time to reduce cost basis, but there isn't an April expiry available yet, so going shorter duration (and therefore cheaper). Shooting for 50% max (.81/$81). I'll adjust the trade or cancel it in the a.m. pre-NY open if /CL price is substantially different from where it was at Friday close (48.31).
Dagangan aktif
Filled for 3.64/contract; max profit of 1.36/contract; BE at 28.64; debit paid to spread width ratio: 72.8%.Dagangan ditutup secara manual
And ... out for 4.16 (.52/$52 per contract profit); 38.2% max; 14.3% ROC.
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.