SHort / Put on JHX ( ASX200) - Turtle soup failure 20 day Higg
This is taking advantage of a Failure at new 20 day high, it beat 4 days ago,
but has corrected quickly back in....shows weakness.
I prefer Put options due to risk of false break out again at highs if pushes up one more time in next few days;
I figure June expiry is enough time and only looking for a 4% correction obvious support $1.00 below or more...
For $400 risk, I can profit about $250 after brokerage if works out.
I bought 500 slightly out of money puts with a delta of 0.43 gives position size equivalent of $ 6800 worth.
but has corrected quickly back in....shows weakness.
I prefer Put options due to risk of false break out again at highs if pushes up one more time in next few days;
I figure June expiry is enough time and only looking for a 4% correction obvious support $1.00 below or more...
For $400 risk, I can profit about $250 after brokerage if works out.
I bought 500 slightly out of money puts with a delta of 0.43 gives position size equivalent of $ 6800 worth.
İşlem kapandı: hedefe ulaştı
Proft +6% ...a little better than original target of +4% in a few days.İşlem kapandı: hedefe ulaştı
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.