Popular Today
Popular Today
Popular All Time
E61!: Neutral trade on the Euro  (Skewed Strangle)
14 0 9
E61!, D
Neutral trade on the Euro (Skewed Strangle)

The Euro have been on a tear and is due a correction. However I think it will be slowly and gradually start a new range, giving us time to take profit of a volatility contraction. With 50 days to go I am selling a strangle of the DEC17 Euro Future Symbol /6EZ7. I am giving me some more space to the downside skewing the Strangle a little bit down to around the ...

Benji Benji PRO NFLX, D,
NFLX: NFLX Synthetic Strangle
88 0 9
NFLX Synthetic Strangle

Synthetic Strangle here on NFLX for September Exp. $2.42 credit received, $4.84 stop loss, $1.21 target profit. Will roll the opposite side if one of the shorts gets tested.

AlexanderGotay AlexanderGotay PRO QQQ, 240,
QQQ: 30 Delta Strangle on QQQ
92 0 10
QQQ, 240
30 Delta Strangle on QQQ

With IVR of 45 the Q's have the highest Implied volatility out of the index trinity. I sold the 50 days to expiration 142/133 Strangle for $3.39 per contract and will look to close it at 50% of the credit received, for a 72% probability of profit.

dime dime AAPL, D,
AAPL: AAPL Strangle
77 0 3
AAPL Strangle

The day after earnings, IVR remained high around 58%, IV 21.7 Sold the Sep 15 145/170 for 1.70 credit (approximately the 16delta / 1SD range) Ideally I can manage this for an early profit at $85 or less. With luck it'll work as smoothly as the last time where it only took a couple weeks to reach 50% of max profit.

dime dime PFE, D,
PFE: PFE Covered Strangle
20 0 4
PFE Covered Strangle

In May I'd sold a covered call on PFE for debt of 32.50 (expired). I'd also had 1 lot from a year ago at 34.76. (Adjusted cost basis for 2 lots @ 33.63 ) I sold 32/34 Sep strangle for 50c before earnings for break-evens at 31.50 & 34.50. Today's current 1SD range by Sep expiry is 32-35, highlighted orange above. Possible outcomes: 1) Ideally the stock will ...

Turbo_Tech Turbo_Tech IWM, D,
IWM: IWM Iron Condor
52 0 9
IWM Iron Condor

Placed an Iron Condor synthetic strangle on IWM with a 10 point sell side spread to collect .70 cents in premium. Will be looking to take the trade off at 50% max profit as soon as possible. In the event that the premium comes in faster, withing the first 10 days of the trade I will be looking to take trade off at 30-40% Max profit then redeploy.

KRE: 58% probability trade on KRE (Strangle)
57 1 11
58% probability trade on KRE (Strangle)

Neutral trade on KRE to try and take advantage of what I think it would be two sided action between buyers and sellers. With a Implied Volatility Rank of 33, is still decent to sell a Strangle (53/57). We make money as long as the price stays between 58.77 and 51.23 in the next 49 days, so we have a buffer of around 7% up or down. This gives us a probability of ...

QQQ: Neutral trade on QQQ (Laddered Strangles)
131 0 13
Neutral trade on QQQ (Laddered Strangles)

Out of the equities ETF's QQQ have the highest IVR of 19. So I decided to do laddered Strangles with 35 DTE and 70 DTE to reduce risk. 144/131 Strangle (Jul 21) for $1.67 142/134 Strangle (Jun 16) for $1.27

MRK: Strangle on MRK for a neutral trade
78 2 10
Strangle on MRK for a neutral trade

After earnings, Implied volatility rank is still at 50 so looking to add premium to my portfolio theta I Sold the 65/62.5 Strangle on MRK. Trade: Short 65 Call Short 62.5 Put Collected $1.85 54% probability of profit Will look to close at 50% of credit received.

XOP: Neutral trade on XOP
74 0 15
Neutral trade on XOP

With an IVR of 32, I Sold the 37/34 Strangle for $1.52. Our break evens are at $38.52 and $32.48. 58% probability of profit

FB: Earnings trade on Facebook (Strangle)
100 0 9
FB, 60
Earnings trade on Facebook (Strangle)

Sold the 155/145 Strangle for $2.50 on the weekly (May 5) cycle. Since Facebook has been on a big rally as of yet, I skewed the strangle a little to the downside (The Calls are closer to the money than the Puts). Lets see if we can continue our flawless earnings trade.

AlexanderGotay AlexanderGotay PRO BIDU, 15,
BIDU: Earnings trade on BIDU
176 0 10
BIDU, 15
Earnings trade on BIDU

Sold the 195/175 Strangle for $3.08. We are betting it won't move more than the $9.50 expected move.

KRE: Neutral trade on KRE  (25 delta Strangle)
89 3 15
Neutral trade on KRE (25 delta Strangle)

KRE is a regional bank ETF, after a strong impulsive bull run, it looks like KRE is starting a correction. With a IV rank of 34 is at least decent volatility to try a neutral trade. I sold the 50/56 Strangle (25 delta) and collected $1.33 per contract. With 64% probability of profit at expiration we need the price to stay between $57.34 and $48.67 which is a ...

XRT: 30 Delta Strangle on XRT
225 0 11
30 Delta Strangle on XRT

I always look to have a trades on the most liquid ETF's and I just closed a Straddle on XRT so is time to redeploy with 45 days to expiration. IV rank is at 37. Sold the 40/43 Strangle on XRT for $1.02 per contract (30 Delta). 61% probability of profit Credit = $1.02 My break evens are below 38.98 and above 44.02 Will look to close at 50% of the credit ...

TLT: Strangle on TLT
105 0 14
Strangle on TLT

Sold the 118/124 Strangle with 52 days to expiration on TLT for 1.95 credit. Always like to have trades on TLT so even thou the IV rank is low I like to add trades keeping the qty small and will look to diversify with other trades in bonds later on next week. I am basically betting that we are still in a correction and will stay between my 124 calls and 118 ...

Benji Benji PRO SPY, D,
SPY: SPY Synthetic Strangle
48 0 6
SPY Synthetic Strangle

Trade Setup: -1 SPY May 19 225/235/236/245 Synthetic Strangle @ $5.51 DTE: 56 Max Win: $551 Max Loss: $449 Breakevens: $229.49 & $241.51 Trade Management: 25% winner; full loser. Will take off a side if nearly worthless; Will roll put out if ITM at expiration. Green is profit zone; Vertical black bar is expiration.

IWM: IWM 30 Delta Strangle
96 0 12
IWM 30 Delta Strangle

Last week I closed my IWM trades for a nice profit, and since IWM is part of my always on trades, and we got a nice move this week with a spike in volatility I am reloading on this one. IWM Strangle @30 delta IV Rank of 29.6 May 19 129 Put May 19 138 Call $3.68 credit Break evens 141.68 and 125.32 57% probability of profit we will look to close it earlier at ...

dimitriosg2002 dimitriosg2002 HLF, D, Long ,
HLF: GAP Strategy
19 0 1
HLF, D Long
GAP Strategy

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***).

12Show More Ideas
United States
United Kingdom
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out