TRADE IDEA: XOP FEB/MARCH 25/30 UPWARD CALL DIAGONAL

2019년 1월 6일

Metrics:

Max Loss/Buying Power Effect on Setup: $338/contract
Max Profit on Setup: $162/contract
Break Even: $28.38 versus $28.63 spot
Debit Paid to Spread Width Ratio: 67.6%
Delta: 39.2
Theta: .61

Notes: A bullish assumption shot at the low end of the range. Ordinarily, I like to go split month with these to give me more time to reduce cost basis, but there isn't an April expiry available yet, so going shorter duration (and therefore cheaper). Shooting for 50% max (.81/$81). I'll adjust the trade or cancel it in the a.m. pre-NY open if /CL price is substantially different from where it was at Friday close (48.31).

2019년 1월 8일

액티브 트레이드

Filled for 3.64/contract; max profit of 1.36/contract; BE at 28.64; debit paid to spread width ratio: 72.8%.

2019년 1월 11일

매매 수동청산

And ... out for 4.16 (.52/$52 per contract profit); 38.2% max; 14.3% ROC.