NFLX is moving up nicely.
I'm going to put on a good odds bet at 415/420
Max Profit is $1.08 Max loss is $3.92
Profit target is $129.6 max loss is $259.2
I have a double spread on so 2x position.
Market may move sideways as powell and the gang ponder on the rate cut.
I think this is a good trade, high probability of success. Delta is 0.21.
However I am over-leveraged I put on a double spread which may hurt me more in the future.
This is a journal entry and not trade advice.
I'm going to put on a good odds bet at 415/420
Max Profit is $1.08 Max loss is $3.92
Profit target is $129.6 max loss is $259.2
I have a double spread on so 2x position.
Market may move sideways as powell and the gang ponder on the rate cut.
I think this is a good trade, high probability of success. Delta is 0.21.
However I am over-leveraged I put on a double spread which may hurt me more in the future.
This is a journal entry and not trade advice.
Transaction en cours:
Added 2x 410/415 $200 credit collectively
Transaction en cours:
NETFLIX DROPPED $40 I'm glad I sold my bull put spread last week ^_~ possible damage averted.
Trade fermée: cible de profit atteinte:
$400 profit