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Benji
Mar 22, 2017 5:44 PM

XLE Iron Fly 

SPDR Select Sector Fund - Energy Select SectorArca

Description

Trade Setup:
-1 XLE Apr 21 65/69.5/69.5/74 Iron Fly @ $2.33

DTE: 30
Max Win: $233
Max Loss: $217
Breakevens: $67.17 & $71.83

Trade Management: 25% profit; Full loser, possibly roll the ITM side out in time if my bias is the same near expiration.

Green is profit zone; vertical black bar is expiration.
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