Justification:
Directional Play: Short delta. Long-term I think gold could go higher, but it seems extended here and IV is high.
Technical: Above 261.8% extension.
Fundamental: Fed just made an emergency cut; spending sees loss in momentum, but consumer fundamentals in a good place; goods trade deficit contracted; manufacturing business outlook recently rose to it's highest levels, but virus and future trade issues may cause a hit; housing market hot as home building permits rise to highest levels; debt levels declining; world supply chains at risk due to this virus thing; global yields have generated massive inflows in passive indices that are heavily weighted towards a few stocks; insane speculation in the derivatives market.
If/Then:
Take profit? 50% of credit received
Where will you hedge? $1800
Strategy Details:
Short and Long leg: $1800, $1820
Short Leg Delta: 0.08
Duration: March 6
Disclaimer:
This is a page where I look to share knowledge and keep track of trades. If questions, concerns, or suggestions, feel free to comment. I think everyone can improve (myself especially), so if you see something wrong, speak up.
Directional Play: Short delta. Long-term I think gold could go higher, but it seems extended here and IV is high.
Technical: Above 261.8% extension.
Fundamental: Fed just made an emergency cut; spending sees loss in momentum, but consumer fundamentals in a good place; goods trade deficit contracted; manufacturing business outlook recently rose to it's highest levels, but virus and future trade issues may cause a hit; housing market hot as home building permits rise to highest levels; debt levels declining; world supply chains at risk due to this virus thing; global yields have generated massive inflows in passive indices that are heavily weighted towards a few stocks; insane speculation in the derivatives market.
If/Then:
Take profit? 50% of credit received
Where will you hedge? $1800
Strategy Details:
Short and Long leg: $1800, $1820
Short Leg Delta: 0.08
Duration: March 6
Disclaimer:
This is a page where I look to share knowledge and keep track of trades. If questions, concerns, or suggestions, feel free to comment. I think everyone can improve (myself especially), so if you see something wrong, speak up.
Transakcja zamknięta: osiągnięto wyznaczony cel
Closed at $0.50DB.
This page is where we look to share knowledge and keep track of trades. Feel free to comment if you have questions, concerns, or suggestions. Everyone can improve, so speak up if you see something wrong!
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This page is where we look to share knowledge and keep track of trades. Feel free to comment if you have questions, concerns, or suggestions. Everyone can improve, so speak up if you see something wrong!
Powiązane publikacje
Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.