Some residual IV here from recent earnings of holdings in the ETF. -1 Sep21 35/37 strangle for $1.72 cr. Risk: 2x cr received or continue to roll put Profit: 50% cr rec or if IV drops with too much time left to hold risk.
This is the subsequent roll from my last Brazil position. -1 Oct19 31/41 strangle for $1.61. Risk: 2x credit received Profit: 50% cr received B/Es are $29.39 and $42.61
This trade is definitely a longer term look. IV is spiking way out in time now in TSLA. I was able to sell the Mar15 '19 90/130 put ratio for $1.00/contract. My breakeven is around $49 (Current price is $321.83). The initial capital requirement here is $1200, so this would be around a 8.3% ROC if margin stays about the same here. Worst case scenario, I'm a...
Short the Euro here via FXE. The chart of FXE is not exactly the same as /6E, but it is generally tracking it. I'm starting to build an Euro short here. Bought Mar15 '19 111 puts for $2.13 db. Stop and targets are on chart.
MCD has sold off quite a bit here in the last few months and is hovering above this longer term support level. I decided to go with a asymmetrical set up using a call spread for this play. +1 Dec21 155/170 call spread for $5.38 db. Risk: Try to let price action stop me out at the project stop or manage near a 50% loser to keep the risk small. Profit: Target...
Markets are near ATHs and showing some weakness, so I'm just applying some hedges in case. Bought +1 Aug31 165.5/168.5 put spread for $1.03 Risk: $1.03 Profit: $197 (potential)
EM are big right now, so is the IV behind them. Sold -1 Oct19 $43 put for $1.32 Risk: 2x cr received or possibly continue to roll out if the allocation deems worth it. Profit: 50% cr received or roll up as EM recover. EEM has proven to shrink back down to low IV quickly, so that might not be the best play.
Everyone's aware of the crisis in Turkey, I'm just here to play it. Sold -1 Sep21 19/22 Big lizard for $3.06 cr. Risk: 1x cr received Profit: 25-30% of cr received Breakevens: $15.94 to the downside, no upside risk.
Exxon has been beaten up here, offering a decent R:R. +2 Jan18 $80/90 call spread for $2.86 db/contract. Risk: ~50% db loss Profit: $89 price target (initially)
Some Iv hiding out in the Tech sector due to the middle of the earnings season. Sold -1 Sep21 70/73 strangle for $2.43 cr. Risk: 2x cr received to upside, possibly continue to roll put to the downside. Profit: 50% cr received or manual close on some quick profits (IV collapse due to earnings?)