Posted by fredsaid on 26th of Mar 2023 at 10:31 pm
Very nice trade indeed ! I'd call it an Expert level
trade. Not sure how I missed it. I just bought a simple
94-91 weekly put spread a couple days ago - Novice trade),
expecting reversion to mean to 94.
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Great option trade DigiNomad. Could
AMD - my approach today was buying a May 90/95 ...
Posted by mundy on 15th of Mar 2023 at 04:09 pm
Great option trade DigiNomad. Could you post an analysis(risk/reward) chart.
It was closer to a
Posted by DigiNomad on 15th of Mar 2023 at 04:15 pm
It was closer to a zero dollar trade when I put it on, but close enough.
*I likely wouldn't take the loss on the downside and instead take ownership of the stock with a $75 collar cost basis.
Here's the call spread only.
Posted by DigiNomad on 15th of Mar 2023 at 04:23 pm
Here's the call spread only. Basically a 100% return possibility with 46% probability of profit.
Thanks DigiNomad. I have plotted
Posted by mundy on 15th of Mar 2023 at 05:13 pm
Thanks DigiNomad. I have plotted the trade on my TOS platform and will watch it develop.!
Very nice trade indeed !
Posted by fredsaid on 26th of Mar 2023 at 10:31 pm
Very nice trade indeed ! I'd call it an Expert level trade. Not sure how I missed it. I just bought a simple 94-91 weekly put spread a couple days ago - Novice trade), expecting reversion to mean to 94.