DIA 320/315 Put Credit Spread - March 18th Expiry
DIA - The index ETF I like to trade but never gives me liquidity haha.
Fill: 0.544 Fill (after comm)
Strikes: 320 short - 315 Long
Max Loss: 500-54 = 445
Short leg delta': 0.16
Reasoning:
1. White lines identified support/resistance zones
2. 10% return on margin and 16 delta short leg was below these zones and provided additional margin of error
Simple trade with simple management - 50% take profit or -200% stop loss
Questions, Comments, Leave them below!
Fill: 0.544 Fill (after comm)
Strikes: 320 short - 315 Long
Max Loss: 500-54 = 445
Short leg delta': 0.16
Reasoning:
1. White lines identified support/resistance zones
2. 10% return on margin and 16 delta short leg was below these zones and provided additional margin of error
Simple trade with simple management - 50% take profit or -200% stop loss
Questions, Comments, Leave them below!
Not
Closed today at 50% profit - or $0.25 Total time open was 26 days. Way longer than normal but the ability of options positions to weather chop like this and still come out on top is why I love them.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.