EA - Mar.'18 Exp. Put Vertical Credit Spread
Trade details:
100/90 Put Vertical Credit Spread @ $1.85
Prob. of Max Profit = 68.04%
Prob. of Max Loss = 11.34%
Break-even @ $98.15
84 D.T.E.
Trade plan:
Entry by oversold + support/resistance analysis
Expecting old gap-up support level at $104.50 to hold after recovering from breakdown test on 12/04/17, until Mar.'18 expiration.
RISKS: Break-even within the at-the-money straddle expected move by expiration; bid/ask spreads ~$0.23 on entry; earnings announcement before expiration.
Expecting to adjust to minimize loss if price tests break-even level and consolidates.
Approaching earnings date will be used as needed to roll spread - to take advantage of swollen IV - unless trade is a quick loser before then.
Risky trade requires more days to work and to allow room for adequate adjustment.
100/90 Put Vertical Credit Spread @ $1.85
Prob. of Max Profit = 68.04%
Prob. of Max Loss = 11.34%
Break-even @ $98.15
84 D.T.E.
Trade plan:
Entry by oversold + support/resistance analysis
Expecting old gap-up support level at $104.50 to hold after recovering from breakdown test on 12/04/17, until Mar.'18 expiration.
RISKS: Break-even within the at-the-money straddle expected move by expiration; bid/ask spreads ~$0.23 on entry; earnings announcement before expiration.
Expecting to adjust to minimize loss if price tests break-even level and consolidates.
Approaching earnings date will be used as needed to roll spread - to take advantage of swollen IV - unless trade is a quick loser before then.
Risky trade requires more days to work and to allow room for adequate adjustment.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.