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Benji
Feb 13, 2017 3:53 PM

FXE Iron Fly 

Invesco CurrencyShares Euro Currency TrustArca

Description

Just looking for some premium around the market on these up days. Found an "okay" IV in FXE.

Trade setup:

- 1 FXE Mar 17 101/103/103/105 Iron Fly @ 1.37

DTE: 32
Max Win: $137
Max Loss: $63
Trade Management: 25% Winner or ~ $35; Full loser or will roll out ITM/tested side if on the dance floor.

Green is profit zone and vertical black line represents expiration.

Trade closed: target reached

Closed trade at $1.02 debit. Gain of $35 on this trade.
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