With a small increase in the VIX today and FB still around 50 IV rank I added this trade to my FB positions to slowly start to have trades expiring in oct.
The trade:
Expiration date - Oct 20, 2017
Long 150 Put
Short 155 Put
Short 185 Call
Long 190 Call
Price: $1.10
Max loss: $390
Probability of profit 67%
The trade:
Expiration date - Oct 20, 2017
Long 150 Put
Short 155 Put
Short 185 Call
Long 190 Call
Price: $1.10
Max loss: $390
Probability of profit 67%
Trade closed: target reached
