themdtrader

USO - Neutral Iron Condor

themdtrader Diupdate   
AMEX:USO   United States Oil Fund
With natural gas in play, opportunity here allows participation similar. Price extension to the downside should slow down & the neutrality should give room for risk management if directional assumption is wrong.

8/9/13.5/14.5 JAN19 IRON CONDOR @ 0.21 CREDIT

General plan:
Roll if necessary & if possible to reduce risk.
Target maximum profit, unless significant profit appears early.

Comment or direct message for discussion, or on other interesting ideas!
Follow for updates.
Trade aktif:
Spread is currently at $0.06 (71% of max profit). Profit was made quickly relative to the amount of time remaining, but holding the position provides a buffer for the whole portfolio so this trade will stay active for now until a better opportunity can take its place before expiration to provide a similar beneficial portfolio risk profile.
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.