Long Volatility C975 and P925

Why?
Price has reached the EMA 26. I assume that the price should move either up or down with volatility.

Also, I have S50M23C975 for 5 contracts.

Long S50M23P925 OTM 5 contracts.

İşlem aktif:

Long open S50M23P925 OTM @ 12.8 # 5 contracts.
Set target profit @ 12.8 + 0.2 + 12.2 = 25.2 to create a risk-free call option at 975.

İşlem kapandı: hedefe ulaştı:

Short close S50M23P925 @ 25.2 # 5

S50M23C975 # 5 contracts are now risk-free trade.

Yorum:

Next action:
wait for the price to touch EMA 26 and trade the volatility strategy again.