TRADE IDEA: GDXJ FEB 17TH 30/36/37/45 IRON CONDOR/FLY

2017년 1월 20일

There isn't much non-earnings stuff out there that has both high implied volatility rank and high implied volatility. This is one of them.

Here I'm going with an extremely narrow iron condor, such that it's almost an iron fly ... .

Metrics:

Max Profit: $338/contract
Max Loss/Buying Power Effect: $462/contract
Break Evens: 32.62/40.38

Notes: I'm going to treat this as a fly for purposes of take profit and look to get 25% max.

2017년 1월 20일

노트

Filled for 3.38.

2017년 1월 24일

노트

Rolled the 36 short put up to the 37 for a .35 credit.

2017년 1월 27일

매매 수동청산

Covering for a 3.24 db. In for 3.38 + .35 for the 36 to 37 roll = 3.73 in total credits received. .49 ($49)/contract gross profit.