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NaughtyPines
24 lip 2017 14:41

OPENING: SPY SEPT 15TH 238/241/249/251 IRON CONDOR  

SPDR S&P 500 ETF TRUSTArca

Opis

... for a .93 credit.

I really wanted to open up a QQQ 45 DTE, but a Sept 8th expiry is not yet available, so this will have to do.

Metrics:

Probability of Profit: 43%
Max Profit: 93/contract
Max Loss/Buying Power Effect: 207/contract
Break Evens: 240.07/251.93 (~expected move on both sides)
Theta: .77
Delta: -2.4

Notes: Will look to take profit at 50% max.

Zlecenie zamknięto ręcznie

Covering here for an .83 db (.10/$10) profit. Rotating into low vol strategies.
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