With the IV percentile over 90% we can sell premium to get a nice credit. I sold a Straddle @ 49 (sold 1 put, and 1 call with a 49 strike price) with 45 days to go to expiration.
After a a little upside on the VIX we got another fast contraction in volatility. Got the idea from the guys at tastytrade and I liked the trade. This is a neutral bet on the VIX and we make money if it stays between 15.50 and 11.50. Sold the 13.5 Straddle and bought the 17 Call and 10 Put wings to make an Iron fly for a $2 credit per contract and reducing our...
Trade Setup: -1 MU May 19 23/29/29/35 Synthetic Straddle @ $3.01 DTE: 56 Max Win: $301 Max Loss: $299 Breakevens: $25.99 & $32.01 Trade Management: 25% profit; Full loser, will roll out short put spread if ITM at expiration. Green is profit zone; Vertical black bar is expiration.
Trade Setup: - 1 XLK May 19 45/53/53/57 Synthetic Straddle @ 1.97. DTE: 57 Max Win: $197 Max Loss: $603 (theoretically), but will manage at 2x credit, so ~$200. Breakevens: $51.03 & $54.97 Trade Management: 25% profit; WIll risk full loser to upside and only 2x credit received to downside. I often will take off one of the sides when it becomes...
Daily time frame suggests an opportunity to capitalize on indecision and/or manipulation in the market. Sell limit set at 4.06358 with a 461 pip stop. Risk = $12.50 (1/4 of 1% of equity). Buy limit set at 4.01748 with a 461 pip stop. Risk = $12.50 (1/4 of 1% of equity). Both orders expire 10 minutes before London close. No take profit target will be set....
No crystal ball here. I'm not going to pretend like I know where this is going to go. However, I am hoping to get a position activated that give me profit a few days to many days down the road. Whichever way AUDUSD decides to go, I want to be on it! AUDUSD qualified for an entry by having 1) consistently low spread (this is important because of stop loss...
Straddle set up. 10 pip stops on both orders. Expiries are 10 minutes before London close.
Selling at yesterday's high and buying at yesterday's low. Each entry has a 10 pip stop loss with a value of 1% equity. This is a long term trade and therefore does not require a take profit target. Order expires 10 minutes before daily market close.
Selling at yesterday's high and buying at yesterday's low. Each entry has a 10 pip stop loss with a value of 1% of equity. These are long term entries, therefore no take profit target is defined. Order expires 10 minutes before daily market close.
Selling at yesterday's high and buying at yesterday's low. Both positions have a 10 pip stop with a value of 1% of equity. Entering the trade and planning on holding it for along time or until I get stopped out. Therefore, no take profit target is defined. Order expires 10 minutes before daily market close.
XLU is ranging around $46-$47 right now and developing a shampoo pattern (head & shoulders) on the 1 Year chart. I sold a straddle and I'll get out as soon as I can. Each support and resistance has a roughly twin shoulder going back to Feb. Temporarily neutral to allow the formation to develop.
Since HLF is oversold , there's a very good oportunity in making money. Target is 57.00 , but I belive that it will go over 60 . MARKET HOURS: Good oportunity for STRADDLE (in case the price wiil be between 59 and 63) after the market opens, as well as IRON CONDOR (STRANGLE seems to be ***too risky***).
i believe BA will between 120-140 sell the straddle for 2.42$
There are two ways to trade this. One is to short TSO to $73.40, and if the resistance holds, go long until $77.90. That's too risky. You can do that, but I'd rather play this as a straddle. Sell the $70 puts (1.25) and $80 calls (1.31) September calls. Max Profit: $256 per option.
TSLA stock is at a crossroad and maybe hard to admit that its lost in direction and headed back down for a recharge. I do see the potential for this stock to rebound if it does drop. Longer term, aside from all negative headlines TSLA is a threat to the old standard traditional car makers, dealers, auto mechanic. Its also a threat to indirect markets such as...
Horizontal movement this stock looks good for swing and position trades. Or as an option trade straddles and strangles. However one interesting aspect is that the OBV is in a trend upward, precluding an long run trend.
OBV and RSI indicate a possible bounce to the upside. Keep eye on intraday for continuation downward or break to the upside. If you wanna play both sides a straddle or strangle option strategy two or three months out might be ideal. For a one sided trade check OTM (out-the-money) contracts and the Vol in the options contracts relative to the strike price before...