Trade Setup:
-1 XLF May 19 20/23/23/27 Synthetic Straddle @ $1.26
DTE: 53
Max Win: $126
Max Loss: $126 (1x credit received)
Breakevens: $21.74 & $24.26
Trade Management: 25% profit; 1x credit received loss
Green is profit zone; Vertical black bar is expiration.
-1 XLF May 19 20/23/23/27 Synthetic Straddle @ $1.26
DTE: 53
Max Win: $126
Max Loss: $126 (1x credit received)
Breakevens: $21.74 & $24.26
Trade Management: 25% profit; 1x credit received loss
Green is profit zone; Vertical black bar is expiration.