💡 SPX 0dte Trading - Oct 3’22 3690 10 Wide Butterfly
Debit: $30
Max Profit: $970
Risk/Reward: 1:31
Exact same setup as our Wednesday play last week which led to a pin and of course huge profits. (linked below)
As per our morning note:
"We think upside risk is elevated as indicators suggest that this market is now deeply oversold on a short term basis. In addition with the removal of puts from Fridays OpEX, short covering and a decline in implied volatility could provide a boost to equities."
ADD bullish extremes (+2000) and the sharp move lower in US Treasury Yields/DXY also helped lift markets
Entry signal at 9:43 AM as seen on the chart.
Debit: $30
Max Profit: $970
Risk/Reward: 1:31
Exact same setup as our Wednesday play last week which led to a pin and of course huge profits. (linked below)
As per our morning note:
"We think upside risk is elevated as indicators suggest that this market is now deeply oversold on a short term basis. In addition with the removal of puts from Fridays OpEX, short covering and a decline in implied volatility could provide a boost to equities."
ADD bullish extremes (+2000) and the sharp move lower in US Treasury Yields/DXY also helped lift markets
Entry signal at 9:43 AM as seen on the chart.
Trading ditutup: target tercapai
Scaled out $200Holding partial for potential pin
Trading ditutup: target tercapai
Out $400
Publikasi terkait
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.
Publikasi terkait
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.