Opening IWM Sep 15 Oct 20 136 Put Calendar Spread
https://www.tradingview.com/chart/OsBXckpZ/
Often do but have not had a position in IWM lately so here goes. A little movement could favor this trade but it is mostly neutral.
I have drawn a daily trend line and am using 3 indicators - trying out updates to Williams percentR and a new Pivot HighLow and will update/publish
after trading with them a while. While having fun with indicators I mostly believe that flipping a coin 2 out of 3 would be nearly as accurate in that
nothing an indicator tells us has any effect on what the price will do tomorrow.
8-16-17 Open Sep 15 Oct 20 136 Put Calendar debit 1.46 ($146) 1 contract. Will trade the short and long each to reduce the debit/break-even and record
the updates here. Spot at open 137.70, Theta .7 and delta -7. Thanks to user NaughtyPines for great examples of this kind of trade.
Often do but have not had a position in IWM lately so here goes. A little movement could favor this trade but it is mostly neutral.
I have drawn a daily trend line and am using 3 indicators - trying out updates to Williams percentR and a new Pivot HighLow and will update/publish
after trading with them a while. While having fun with indicators I mostly believe that flipping a coin 2 out of 3 would be nearly as accurate in that
nothing an indicator tells us has any effect on what the price will do tomorrow.
8-16-17 Open Sep 15 Oct 20 136 Put Calendar debit 1.46 ($146) 1 contract. Will trade the short and long each to reduce the debit/break-even and record
the updates here. Spot at open 137.70, Theta .7 and delta -7. Thanks to user NaughtyPines for great examples of this kind of trade.
액티브 트레이드:
Yesterday rolled the long oct20 136 Put to 135 with small profit and credit of .34 reducing the cost basis to new break-even of 1.12. New position short sep15 136 Put and long oct20 135 Put.
액티브 트레이드:
Rolled long oct20 135 Put to 134 to reduce cost basis by a credit of .42 and move the break-even to .70. New position short 1 Sept 15 136 Put and long 1 Oct 20 134 Put.
거래청산: 타겟 닿음:
Closed on preset management order at 10% of initial debit profit target.The various rolls during the trade are "profits" on an individual option contract opened and closed. The actual profit on the overall trade is known when all legs are finally closed. While the break-even or scratch point changes I hold to the original profit target in resetting the closing orders. So with the last scratch at .70 (debit / cost) the order closed at .70 + .15 (10%) for .85 credit profiting .15 ($15) - expenses per contract.