Aside from this, I am wishing everyone good health. Crazy times we live in.
Justification:
Directional Play: Just trying to flatten my delta in $SPX. I will look to manage these trades independently.
Technical: Above 50% retracement, below 161.8% projection.
Fundamental:
If/Then:
Take profit? 50% of credit received.
Where will you hedge? $1900 and $2740.
Disclaimer:
This is a page where I look to share knowledge and keep track of trades. If questions, concerns, or suggestions, feel free to comment. I think everyone can improve (myself especially), so if you see something wrong, speak up.
Justification:
Directional Play: Just trying to flatten my delta in $SPX. I will look to manage these trades independently.
Technical: Above 50% retracement, below 161.8% projection.
Fundamental:
If/Then:
Take profit? 50% of credit received.
Where will you hedge? $1900 and $2740.
Disclaimer:
This is a page where I look to share knowledge and keep track of trades. If questions, concerns, or suggestions, feel free to comment. I think everyone can improve (myself especially), so if you see something wrong, speak up.
Trade closed manually
Premium Sucked Out: Closed both sides -- together -- for a $8.85DB. Will look to place trades on either side when the opportunity presents itself. Was getting uncomfortable on the call side.Note
If I would have waited, I could of closed the two positions for a $6.00DB. Patience is key, haha!
This page is where we look to share knowledge and keep track of trades. Feel free to comment if you have questions, concerns, or suggestions. Everyone can improve, so speak up if you see something wrong!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
This page is where we look to share knowledge and keep track of trades. Feel free to comment if you have questions, concerns, or suggestions. Everyone can improve, so speak up if you see something wrong!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.