MY Last 2023 Trade was a SPX Calendar PUT Spread 📅
Updated
MY Last 2023 Trade: SPX Calendar PUT Spread 📅
Trade Overview: Opened a calendar put spread on SPX for $1.65 debit at Dec27', expiring Jan 5'th due to low IVR (6) and high market hype.
Strategy Logic: Expecting minimal profit or loss even without directional correctness due to option decay. Aiming for profit near $4700 strike as volatility might increase.
Status: Positioned for a 3x profit; won't accept a loss due to recent gains.
- Symbol: SPX
- Side: Calendar Put Spread
- Strike: $4700
~~~~~~~~~~~~~~~
ANYWAY: HIT THE 🚀 BUTTON ABOVE!
This trade is part of my 2024 challenge, where I aim to turn a 12k$ account above 30K$.
Trade Overview: Opened a calendar put spread on SPX for $1.65 debit at Dec27', expiring Jan 5'th due to low IVR (6) and high market hype.
Strategy Logic: Expecting minimal profit or loss even without directional correctness due to option decay. Aiming for profit near $4700 strike as volatility might increase.
Status: Positioned for a 3x profit; won't accept a loss due to recent gains.
- Symbol: SPX
- Side: Calendar Put Spread
- Strike: $4700
~~~~~~~~~~~~~~~
ANYWAY: HIT THE 🚀 BUTTON ABOVE!
This trade is part of my 2024 challenge, where I aim to turn a 12k$ account above 30K$.
Trade closed manually
Trade closed today in $180 profit. [img]
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REAL Options metrics for over 165+ liquid US symbols:
✔ 𝗔𝘂𝘁𝗼-𝗨𝗽𝗱𝗮𝘁𝗶𝗻𝗴 𝗚𝗘𝗫 𝗹𝗲𝘃𝗲𝗹𝘀
✔ IVRank ✔ CALL/PUT skew ✔ Volatility Skew ✔ Delta curves
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REAL Options metrics for over 165+ liquid US symbols:
✔ 𝗔𝘂𝘁𝗼-𝗨𝗽𝗱𝗮𝘁𝗶𝗻𝗴 𝗚𝗘𝗫 𝗹𝗲𝘃𝗲𝗹𝘀
✔ IVRank ✔ CALL/PUT skew ✔ Volatility Skew ✔ Delta curves
👉 7-day TRIAL 🌐 TanukiTrade.com
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