Justification:
Directional Play: Yes, establishing long delta position to reduce short delta and margin.
Technical: Below October low.
If/Then:
Take profit? 50% of credit received.
Where will you hedge? $1410
Strategy Details:
Short and Long leg: $1410, $1395
Short Leg Delta: 0.16
Expiration: March 6
Disclaimer:
This is a page where I look to share knowledge and keep track of trades. If questions, concerns, or suggestions, feel free to comment. I think everyone can improve (myself especially), so if you see something wrong, speak up.
Directional Play: Yes, establishing long delta position to reduce short delta and margin.
Technical: Below October low.
If/Then:
Take profit? 50% of credit received.
Where will you hedge? $1410
Strategy Details:
Short and Long leg: $1410, $1395
Short Leg Delta: 0.16
Expiration: March 6
Disclaimer:
This is a page where I look to share knowledge and keep track of trades. If questions, concerns, or suggestions, feel free to comment. I think everyone can improve (myself especially), so if you see something wrong, speak up.
Trade closed: target reached:
Closed at $1.00DB.
This is a page where I look to share knowledge and keep track of trades. If questions, concerns, or suggestions, feel free to comment. I think everyone can improve (myself especially), so if you see something wrong, speak up.
