Short Call Option on Euro Futures (71% probability trade)

2017年5月2日

With 66 days to expiration (July 8) I sold the 1.11 Call on the Euro futures for .0092, which gives me a max profit of $1,150. I will look to close it at 50% of that.

This gives me a 2.4% buffer to the upside and a 71% probability of profit.

2017年5月11日

交易進行

This one is looking pretty. We are up 40% of the credit received, we couldn't close below the 20 EMA today, but now we just need time to pass and we will be able to get to our target.

2017年5月17日

交易進行

After almost being able to get to our target, the Euro started a big rally and now we are under water.

Price broke the trend line and we are going to get tested. If we get a correction I will start playing some defense, but won't do it yet. Let's see how it goes.

2017年6月27日

交易進行

Rolled to extend time and now I have the 11.1/11.12 inverted strangle and collected additional credit.

2017年7月18日

交易結束：達到停損點

Closed for a loss, with low implied volatility rank and the euro looking to extend I rather close the position and use the capital elsewhere.