sell strangle options CGC strategy

Description

⋅ Sep 20, 2018 2:27 PM

Reason: IVR 100%
It is Volatile
It is range bound

Sell strangles on this stock

18Jan19 put @ 25
18Jan19 call @ 80

$4.5 credit collected

Take Profit: 1/3 - 2/3 of credit
Stop Loss: 2X of credit

Trade closed: target reached

⋅ Oct 1, 2018 10:57 PM

50% reached

Trend Analysis Chart Patterns