EqEx

EqEx Updated 

Trade thesis - technical breakout (bearish) - downward break out of 3 months consolidation zone - weekly stochastic showing more room to downside - entry trigger: retest of demand zone and failure to hold above (wicked into the zone and closed below on daily) Position - strategy: put vertical - structure: long 05/19 190p short 05/19 170p - cost: $450 -...

EqEx Updated 

Trade thesis - theta collection - current IV rank and percentile are at historical highs aggregating past 252 trading days IV rank: 95% IV %: 99% - near delta neutral options strangle position of 195c/85p on Feb 17 monthly expiry - 85p short leg represent a -32% price buffer to the downside - 195c forms a nearly delta neutral trade on call side (+.02...