My view is the IWM is now hitting its resistance, and should go down a bit.
So for July options i will go for
Sell to Open 145/147 Call
Sell to Open 135/133 Put
I will consider to Sell to Open 145/147 Call first and then wait for opportunity within 7 days after enter call spread,
tp leg in Bull Put Spread 135/133 for better premium.
I might or might not trade this monthly position, unless i have some other weekly spread position free up my margin.
Trade with care, and make sure you dont enter > 10% of your capital for risk management to spare cash in cash you need to repair position later stage.
تم فتح الصفقة:
I end up did not form the IC but have 145/147 Bear Call Spread.
The trade looks good, and it is likely to end with OTM and we should collect the full premium!
The trade looks good, and it is likely to end with OTM and we should collect the full premium!