APPLE BEARISH SPREAD with 73% PoP monthly exp.
Updated
I'm planning to expand in better conditions.
Max profit: $186
Probability of Profit: 73%
Profit Target relative to my Buying Power: 22%
Max loss with my risk management: ~$220
Req. Buy Power: $814 (max loss without management at expiry, no way to let this happen!)
Tasty IVR: 7.7 (relative low)
Expiry: 44 days
Sell 2 AAPL Jun18' 135 Call
Buy 2 AAPL Jun18' 140 Call
Credit Call Spread for 0.93cr each, because I've f*cked up the side... (angry face)
Stop/my risk management: Closing immediately if daily candle is closing BELOW the box, max loss in my calculations in this case could be ~220$. Probability of loss in this way: ~15% .
Take profit strategy: 60% of max.profit in this case with auto sell order at 0.47db each. Probability of profit this way: ~85%.
Of course I'll not wait until expiry in any case!
If you liked this article, check my other ideas.
Anyway: HIT THE LIKE BUTTON BELOW, and for fresh option ideas FOLLOW ME( @mrAnonymCrypto ) on tradingview!
Max profit: $186
Probability of Profit: 73%
Profit Target relative to my Buying Power: 22%
Max loss with my risk management: ~$220
Req. Buy Power: $814 (max loss without management at expiry, no way to let this happen!)
Tasty IVR: 7.7 (relative low)
Expiry: 44 days
Sell 2 AAPL Jun18' 135 Call
Buy 2 AAPL Jun18' 140 Call
Credit Call Spread for 0.93cr each, because I've f*cked up the side... (angry face)
Stop/my risk management: Closing immediately if daily candle is closing BELOW the box, max loss in my calculations in this case could be ~220$. Probability of loss in this way: ~15% .
Take profit strategy: 60% of max.profit in this case with auto sell order at 0.47db each. Probability of profit this way: ~85%.
Of course I'll not wait until expiry in any case!
If you liked this article, check my other ideas.
Anyway: HIT THE LIKE BUTTON BELOW, and for fresh option ideas FOLLOW ME( @mrAnonymCrypto ) on tradingview!
Trade closed: target reached
Closed in original profit target : 0.47 debit.
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🌐 TanukiTrade.com 🌐
REAL option metrics for over 160+ liquid US symbols:
✔ IVRank ✔ Exp.move ✔ Delta curves ✔ Volatility Skew
⏩ FREE Newsletter: tanukitrade.substack.com
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