VIX bottom play for the next 7 days.
Don't use any technical indicator on VIX if it's too low, just move:
I don't need big timeframe to playing this out, so 7 days is far enough.
Buy 3 VIX Mar24' 19 Call
Sell 3 VIX Mar24' 20 Call
Debit call spread for 0.7 debit each
Stop/my risk management: Closing immediately if daily candle is closing below $19
Take profit strategy: I'm taking at the 75% of max.profit in this case with auto sell order. (at 0.95 credit)
If you liked this article, check my other ideas.
Anyway: HIT THE LIKE BUTTON BELOW, and follow my fresh ideas ( @TanukiTrade on tradingview ).
Don't use any technical indicator on VIX if it's too low, just move:
I don't need big timeframe to playing this out, so 7 days is far enough.
- Max profit: $90
- Probability of Profit: 47%
- Profit Target relative to my Buying Power: 42%
- Buy Power: $210 (max loss without management)
- Max loss with my risk management: ~ $100
- Tasty IVR: 11.3
- Expiry: 7days
Buy 3 VIX Mar24' 19 Call
Sell 3 VIX Mar24' 20 Call
Debit call spread for 0.7 debit each
Stop/my risk management: Closing immediately if daily candle is closing below $19
Take profit strategy: I'm taking at the 75% of max.profit in this case with auto sell order. (at 0.95 credit)
If you liked this article, check my other ideas.
Anyway: HIT THE LIKE BUTTON BELOW, and follow my fresh ideas ( @TanukiTrade on tradingview ).
Trade fermée: cible de profit atteinte:
Missed the top (spread 0.01cr fck...) closed manually at 0.89cr in profit ;)
$56 profit in one week. 26% profit on my position capital.
$56 profit in one week. 26% profit on my position capital.