This is a short Iron condor Example for Accounts that can't do naked options.
Instead of a Strangle We can buy the wings ($5 wide minimum) and make it an Iron Condor. This will defined our risk and our capital need it for the trade is just $325.
This is a neutral strategy with a little downward skew given the rally the last couple of days.
Sold:
147 Put
168 Call
Bought:
142 Put
173 Call
38 Days to expiration for 1.75
Max win is $175
Max loss is $325
Delta 20 with $5 Wings
Our Break evens:
145.25
169.75
Probability of profit = 60%
Instead of a Strangle We can buy the wings ($5 wide minimum) and make it an Iron Condor. This will defined our risk and our capital need it for the trade is just $325.
This is a neutral strategy with a little downward skew given the rally the last couple of days.
Sold:
147 Put
168 Call
Bought:
142 Put
173 Call
38 Days to expiration for 1.75
Max win is $175
Max loss is $325
Delta 20 with $5 Wings
Our Break evens:
145.25
169.75
Probability of profit = 60%
تم فتح الصفقة
Just made a video explaining How this is the first trade for a small portfolio.Check it out at youtu.be/dVvtm67dB0o
منشورات ذات صلة
إخلاء المسؤولية
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
منشورات ذات صلة
إخلاء المسؤولية
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.