TRADE IDEA: XRT JAN 17TH 43/46/47 BROKEN WING BUTTERFLY
Updated
A seasonality play in retail at long-term range rows with a break even below mid-range ... . Markets are wide here in the after hours, so may have to do some price discovery to get a fill.
Metrics:
Max Profit: 181/contract
Max Loss/Buying Power Effect: 19/contract
Break Even: 43.19
Delta/Theta: 5.55/-.09
Metrics:
Max Profit: 181/contract
Max Loss/Buying Power Effect: 19/contract
Break Even: 43.19
Delta/Theta: 5.55/-.09
Trade active
Filled for a .23/setup debit. Revised metrics: Max Profit: 177/setup; Max Loss/Buying Power Effect: 23/setup; Break Even: 43.23; Delta/Theta (current): 6.82/-.12.Trade closed manually
Covering here for a .72/contract credit, 313% ROC, 41% max.
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.