Hi guys,
this all starts with a 4 weeks 10% strikes, with 60% probability to end ITM. But the premium is too low, so I narrow the short legs and I invert the condor, so my short legs are @55 and @66( 8% strikes), instead @54 and @67.50.
By this I raise my probability from 40% at at least 50%, keeping a very good RR ratio, in fact with this trade max credit is 75$, and max loss is 25$.
Subscribe for free to get access to my indicator.
Enjoy your wallet!
Tari.
this all starts with a 4 weeks 10% strikes, with 60% probability to end ITM. But the premium is too low, so I narrow the short legs and I invert the condor, so my short legs are @55 and @66( 8% strikes), instead @54 and @67.50.
By this I raise my probability from 40% at at least 50%, keeping a very good RR ratio, in fact with this trade max credit is 75$, and max loss is 25$.
Subscribe for free to get access to my indicator.
Enjoy your wallet!
Tari.
Trade closed manually:
I closed it manually because the profit arrived to 50$, the double than my maximum risk.
Enjoy your wallet!
Enjoy your wallet!