In this video, titled "Market Rollercoaster: Harnessing Volatility with the Strangle & Iron Condor Combo!", Stock Justice walks viewers through an innovative and potentially profitable trading strategy designed for a highly volatile market environment. This strategy aims to exploit market volatility without being directionally exposed, making it an excellent...
With VIX ripping on today's bank FUD the IV Rank and IV Percentile of SPY is the highest in a year's worth of trading days. This sets up opportunities for premium selling that have not existed for a very long time.
Rules:
SELL the 20 Delta Strikes at 45 DTE or greater in monthly expirations.
BUY wings at 10 Delta Strikes same DTE
That ended up being:
SELL...
IV Rank on META is relatively low currently based on historical averages and the previous earning reports have been negative.
Looking to create an Iron Condor one standard deviation away from price to collect premium on the time decay as there may be some sideways trending movement
Undecided whether to be long or short this market? The weekly Bollinger Bands indicated that we are smack dab in the middle of a range-bound stock market. Inflation based on today's CPI indicated that the rate of inflation change is slowing. Talk is now on when will the Fed pivot? Probably more fireworks tomorrow when the Fed takes action and "speaks".
The...
... for a 3.34 credit.
Comments: (Late Post). Another "synthetic short strangle" I put on on Friday, with the short legs set up around the 25 delta, the longs out from there to obtain a 50% ROC at max metric. 3.34 credit on buying power effect of 6.66; 50.2% at max; 25.1% at 50% max.
Will primarily look to roll paired legs (short call/long put, short put/long...
... for a 6.13 credit.
Comments: Putzing a bit with these so-called "synthetic short strangles" ... . Selling the 25's on both sides and erecting long wings out from there. I had to go oddball width with the wings (18.00) to keep the setup symmetrical, since there's only 5-wides on the put side.
6.13 credit on buying power effect of 11.87; 51.6% ROC as a...
... for a 6.31 credit.
Comments: Moving out to November, which is still a bit long-dated ... . Selling the 23's on both sides for my short legs, erecting longs 20 strikes out from there. 6.31 on BPE of 13.74; 45.9% ROC at max; 23.0% at 50% max.
Here, I'm looking to manage just the short strangle aspect of the setup to delta balance if necessary, leaving the...
Nasdaq Weekly Forecast Analysis 3-7 Oct 2022
We can see that currently the volatility is around 4.84% for this week, decrising from the 5.06% from the last week.
Currently there is around 23.6% that the asset is going to close either above or below the channel:
TOP 11600
BOT 10470
The current volatility percentile is around 89th, placing us in a very risking and...
SP500 Weekly Forecast Analysis 3-7 Oct 2022
We can see that currently the volatility is around 4.38% for this week, decrising from the 4.58% from the last week.
Currently there is around 24.3% that the asset is going to close either above or below the channel:
TOP 3757
BOT 3430
The current volatility percentile is around 89th, placing us in a very risking and...
$SPY Iron Condor 7/18
Alright… Price has to stay 100% in the box all day to win this trade…. Anything outside of the box is a full loss
0dte
Strikes are 395, 393, 385, 383
Probability of Profit 96%
Max profit 28
Max Loss 168
(Per condor)
Wish me luck - I should be on SPX but I’m testing using SPY
After being struck down -7% post ER and general weak market, I like the idea of selling puts on NKE via an Iron Condor (bull put spread and bear call spread).
With a demand zone 95-100 area, I opened 2x position 100/95p bull spread and 1x position 125/130c bear spreads with another 1x to be added on next green week ( assuming we get one) to capture better call...
SPX/ES/SPY 27 May 2022
For today, the current expected volatility is going to be below 1.8% with a chance of probability of 85%
For SPX/ES this is going to be translated in a movement of +- 73$ from opening candle
For SPY this is going to be translated in a movement of +- 7.35$ from opening candle
Taking into account the opening candle price which was around...
SPX/ES/SPY 26 May 2022
The current volatility is expected with close to 85% chance to be below 1.85%
In this case, our channel for today is going to be
TOP 4045
BOT 3900
From fundamental point of view, today we are going to have US GDP release, which it may affect with a high probability
the price of this asset
Since the expected GDP is going to be...
SPX/ES 18 May 2022
The current expected volatility is around 1.71%
Based on a 88.2% chance, our asset is going to be compressed within the channel made from:
TOP 4160
BOT 4020
At the same time yesterday, we had Jerome Powell on a hawkish attitude, so we can expect another bear rally in the near future.
Based on all of this, at this very moment we can try as...
SPX/ES 17 May 2022
The daily expected volatility is around 2%
With an 87% accuracy based on the historical data, we can assume that the price of SPX/ES today is going to be between
TOP 4080
BOT 3922
All of this taken into account with the opening price of today which was 4000*
From VOLUME POC point of view its above 114 which imply a bullish momentum at this...
IBM 13 May 2022
The current implied volatility is at 32.77%/year
So that converted into daily is 2.06%
Since we are in need of the open price for the highest accuracy, I am going to take the current price
which is 133.7 (you can also wait for the opening price and take +- 2.75 points from the open candle value)
So based on that our channel for today is going...
Apple 13 May 2022
The current implied volatility is at 47.8%/year
So that converted into daily is 3.01%
Since we are in need of the open price for the highest accuracy, I am going to take the current price
which is 145 (you can also wait for the opening price and take +- 4.3 points from the open candle value)
So based on that our channel for today is going...
