Chinese crash credit play, because of high IVRank. My Iron Condor Hunter script have signaled a safe entry here. REASONS: 1) Confirmed bear trend This is the safe playground of IC for credit. The backtested 3 years of bullish trend changed. 2) My automatic Iron Condor Hunter script My Iron Condor Hunter script gave a reliable signal to opening IC...
Hi guys, this is again a CSCO short condor, 4 weeks and 3% strike, gives 30$ credit for 1 dollar Spread. RR is 30/70=0.42, but according to the strategy the odds are at our side, 88% to earn all the premium. The short strikes are 51 and 54, so BE are at 51.30 and 53.70. Subscribe for free to my indicator! Enjoy your wallet! Tari.
NFLX has been trading in a range for many months, as we can see by this weekly chart here: Stochastics on the daily chart are showing it as heavily overbought, with an RSI of about 85, likely in anticipation of earnings which come out in 6 days. Historically, NFLX sells off about 80% of the time post earnings, usually quite steeply, with an average sell-off of...
expiration: AUG 27 (50 DTE) order: 1 * 390 put (delta -0.13) -1 * 395 put (delta -0.15) -1 * 450 call (delta 0.15) 1 * 455 put (delta 0.09) for 1.05 net credit @ 430.50 BPR $395 IVR 15.9 PoP 72% P50 88% expected move 411.00-449.00 net delta -3.90 target: 55% max profit
This is an idea for trading INDEX:NKY options. In recent months, Nikkei index did experienced some volatile moments, however, they were all short-term momentum that they were unable to be met with trends that lasted for months or even weeks. The author of this article believes that this trend to continue. So, I suggest opening an Iron Condor spread which...
$NKE 8% profit in one day with Iron Condor #nike #options 8% profit in one day at event? Let's see! Max profit: $45 Probability of Profit: %75 Profit Target relative to my Buying Power: 8% Req. Buy Power: $554 (max loss without management before expiry, no way to let this happen!) Tasty IVR: 24 Expiry: 1 days Buy 1 NKE Jun25' 120 Put Sell 1 NKE...
Hello, guys hope all is well. Today we will be looking at $SPY and how I will play the market this week. Based on the expected move for this week of $6.79 we are possibly looking at a range between $410.01 - $423.59. On Monday I opened the Put side ($400 / $398 and collected $9 per contact) of my Iron Condor and leg into my Call side roughly Thursday afternoon or...
Hi guys, my indicator shows a 70% probability to end ITMm 4 weeks, 11% strikes. But premium is very low, so since there is always a 30% chance to end otm, I reverse the condor, and I narrow the sold legs too @48$ and @57$, instead than 11% ( 47$ and 59$), to encrease the odds to end otm, let's say from 30% to at least 40%. But for a 40% probability to win I have...
Hi guys, this all starts with a 4 weeks 10% strikes, with 60% probability to end ITM. But the premium is too low, so I narrow the short legs and I invert the condor, so my short legs are @55 and @66( 8% strikes), instead @54 and @67.50. By this I raise my probability from 40% at at least 50%, keeping a very good RR ratio, in fact with this trade max credit is...
Hi guys, this is an inverter iron condor, 4 weeks and strike 3%. We have 14% probability to end ITM, so 86% probability that our inverted condor gets the maximum profit! RR is pretty nice too, becuase selling @305$ and @325$ with 5$ spread, max profit is 200$ and max loss 300$, but we win the max profit 86 times out of 100. Subscribe for free to get access at...
HI guys, this is an inverted condor, 4 weeks, 3% strike. 20% to expire ITM, so with this inverted condor 80% of probability to end with the max profit. RR is awesome, selling @54 and @59 RR is almost 1:1 Subscribe for free to get access to my indicator. Anjoy your wallet! Tari.
I see Yelp developing a channel between 37.31 and 40.95. There's a possibility that this flag pattern turns into a continuation of a previous up trend so I am cautious but today opened a broken wing iron condor to profit the most if it stays in the said range but still make a slight profit slightly above or below. If it breaks resistance, then I will roll the puts...
Hi guys, this week I found better opportunies buying options rather selling ( IV drop made options cheaper to buy) So the strategy is basically the contrarian of my Tari Condor ( Have a look and subscribe for free!), and as you can see this trade is 4 weeks and 6% spread. The sold strikes are 132 and 117, the bought strikes are almost ATM, it depends on your...
Hi guys, IV keeps quite low, this week too, so I have to reverse my Tari condor. 3 weeks 6% strike, 37% of probability to end ITM. So I reverse the condor, so the odds come to my side, because I have 63% of probability to gain a profit, and my RR is almost 1:1 ( 0.85 commisions incl.) So subscribe for free to trade with Tari Condor! Enjoy your wallet! Tari
Hi guys, this IV brings me to reverse the condor again. 3 weeks and 3% strikes give a range to be ITM with the 2 sold options between 192.5 and 205. The odds to end ITM are only 24%, so I revrese the condor to have a nice 76% probability of profit, RR almost 1 Subscribe for free to trade with Tari Condor. Enjoy your wallet! Tari,
Max profit: $291 Probability of Profit: 64% Profit Target relative to my Buying Power: 41% Max loss with my risk management: ~$200 Req. Buy Power: $709 (max loss without management at expiry, no way to let this happen!) Tasty IVR: 53 (high) Expiry: 43 days Buy 1 SQ Jun18' 190 Put Sell 1 SQ Jun18' 200 Put Sell 1 SQ Jun18' 290 Call Buy 1 SQ Jun18' 300...
My favorite bearish neutral trade for today. Losing only upside, I like the extreme high IVR values to play. Reasons to play this: 1/ After event, big selloff, high implied volatility. 2/ Extreme High Implied Volatility, good for credit strategies 3/ I can boost my original bearish vertical spread with 2 bottom legs at fib 0.786 to boosting my reward almost zero...