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Ironcondor

IRON TARIHi guys, according to my strategy we have 4weeks 15% strikes, 91% probability of success. For this Iron condor with 5$ spread for each side there is a max profit of 55$ and a max loss 445$: if you are new in Iron condor you should find this R/R ratio very poor compared with forex, but we have very high odds at our side! 91% to get the maxim profit, plus 5$ extra on both sides (the long legs) before to get tha max loss. If the weekly candle closes over the short strike we close the trade, for a loss lower than max loss of 445$. IV is too low to trade a strangle, even the odds are so great! Enjoy your wallet! Tari.
NYSE:TGT
by TARITRADE
Iron TariHi guys, according to my strategy we have 4weeks 15% strikes, 93% probability of success. For this Iron condor with 5$ spread for each side there is a max profit of 100$ and a max loss 400$: if you are new in Iron condor you should find this R/R ratio very poor compared with forex, but we have very high odds at our side! 93% to get the maxim profit, plus 5$ extra on both sides (the long legs) before to get tha max loss. If the weekly candle closes over the short strike we close the trade, for a loss lower than max loss of 400$. I prefer a strangle this time, max profi is 250$, and if things go wrong I close the trade for a max loss of 800$, getting a better R/R ratio, always with a 90% of max profit! Enjoy your wallet! Tari.
AMEX:OIH
by TARITRADE
GOOGLObservations Although there big engulfing red candle today, the 50MA held.. barely. The body of the candle closed above the 50MA. Such strong bearish movement is likely going to continue tomorrow and it will likely test the 100MA. There are some strong supports though. The candle closed above the trendline, in addition to the 50MA support. The next support would be the 100MA and the "middle of the Bollinger band". They seem to be converging at the 1500 level. The continued decline is likely consistent with the bearish momentum in the SPX & NDX Proposed trade I believe there's an opportunity for an iron condor here. I plan to set the short put leg between the 100 & 200 MA, while the short call leg can be set ~ the 1650 or 1700 level. This would be ~10 delta on each side.
NASDAQ:GOOGL
by BW11