Benji

IWM Synthetic Straddle

AMEX:IWM   iShares Russell 2000 ETF
5
Trade Setup:
-1 IWM May 19 123/133/133/143 Synthetic Straddle @ $5.84

DTE: 53
Max Win: $584
Max Loss: $416
Breakevens: $127.16 & $138.84

Trade Management:
25% profit; Full loser, will eliminate a side if near worthless.

Green is profit zone; Vertical black bar is expiration.
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