Japanese Yen futures short call vertical

30 Nis 2021

Pure TA.
Oversold territory, so take care of the trendline.

Max profit: $213
Probability of Profit: 72%
Profit Target relative to my Buying Power: 20%
Max loss with my risk management: ~$250


Req. Buy Power: $1038 (max loss without management at expiry, no way to let this happen!)
Tasty IVR: 34 (average at futures)
Expiry: 36 days


Sell 2 !6JM1 Jun4' 0.0093 Call
Buy 2 !6JM1 Jun4' 0.00935 Call

Credit Call spread for 0.90cr each


Stop/my risk management: Closing immediately if daily candle is closing BELOW the box, max loss in my calculations in this case could be 250$. Probability of loss in this way: ~20% .

Take profit strategy: 50% of max.profit in this case with auto sell order at 0.45db. Probability of profit this way: ~80%.

Of course I'll not wait until expiry in any case!



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12 May 2021

İşlem kapandı: hedefe ulaştı

today is the day: target reached, bought back at 0.45db