NEW TRADE > SWING ES OPTIONS
Short Trade > DEBIT SPREAD Buying Put Vertical (Bear Put Spread)
This is a Swing Trade, starting small to be able to scale in in different levels.
ES x -1 JAN 20 3900 PUT (Sell)
ES x 1 JAN 20 3950 PUT (Buy)
For now:.
MAX RISK = Debit Paid (-$750.00)
MAX PROFIT = +$1.750
*This option trade, swing to the buy side, helps us to mitigate the THETA BURN and betting that IV will rise with VIX
