Back to the well in the Euro since Vol is pretty low all over the place. This will extend my break evens as well on the entire position.
Trade Setup:
-1 FXE Mar 17 100/102/102/104 Iron Fly @ 1.32
DTE: 23
Max Win: $132
Max Loss: $68
Breakevens: 101.68 & 103.32
Trade Management: 25% Winner (~$33); Full loser or will roll out ITM/tested side if on the dance floor.
Green is profit zone; vertical is expiration.
Trade Setup:
-1 FXE Mar 17 100/102/102/104 Iron Fly @ 1.32
DTE: 23
Max Win: $132
Max Loss: $68
Breakevens: 101.68 & 103.32
Trade Management: 25% Winner (~$33); Full loser or will roll out ITM/tested side if on the dance floor.
Green is profit zone; vertical is expiration.
Trade closed manually:
Closed this trade today on this large run up to escape some gamma in the next week at $145. -$13 loss on the trade. Was a $25 winner at one point, but mechanics had me waiting for the 25% winner.
