Invesco QQQ Trust, Series 1Diupdate Iron Condor on $QQQ Pay up Mr. Market!
Finally in a delta neutral trade (slight bias), or least close to one since early January.
This is an interesting strategy because it really is maintenance free - and essentially all that needs to happen is for the market to do it's thing and not have any outlier activity in this time frame.
Keeping position sizes modes consistently should yield a consistent stable of winners.
Will be entering these strategies more on high implied volatility companies - TSLA, and APPL could be alternative options as well.
This is an interesting strategy because it really is maintenance free - and essentially all that needs to happen is for the market to do it's thing and not have any outlier activity in this time frame.
Keeping position sizes modes consistently should yield a consistent stable of winners.
Will be entering these strategies more on high implied volatility companies - TSLA, and APPL could be alternative options as well.
Trade aktif
Currently trade is up 18.8% Theta is high --- but compared to my TSLA Short Credit Strangle --- Come'on the strangle is multiples higher.
The Pop on this trade is 62% vs a 72% probability of profit on the TSLA trade.
Catatan
On 7/1 this trade would have earned $85 per contract in theta in the most ideal case scenario - which also happens to have the highest probability of occurring.If the underly goes to $207.16 we will lose the max amount of $214 per contract
If the underly goes up to $191.16 we will yield a profit of $19 per contract
**If the underlying goes to 178.16 we will yield a profit of $85 per contract**
If the underlying goes to $167.16 we will yield a profit of $20 per contract
If the underlying goes to $155.16 we will lose the max amount of $114 a per contract
Catatan
On 7/17* (2 days prior to expatriation)Catatan
Expiration*Trading ditutup: target tercapai
Trade closed today at 23.6% profit. - Took 5 days
Pernyataan Penyangkalan
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.