TanukiTrade

$MSFT iron condor for 33% profit, 83% PoP #trading

TanukiTrade 已更新   
NASDAQ:MSFT   微軟公司
High IVR, I'm not leaving money on the table.

Max profit: $250
Probability of 50%Profit: 83%
Profit Target relative to my Buying Power: 33%
Max loss with my risk management: ~$200


Req. Buy Power: $755 (max loss without management before expiry, no way to let this happen!)
Tasty IVR: 80 (ultra high for Microsoft)
Expiry: 50 days

SETUP: IC for $MSFT, because IVR ultra high, collecting 2.5cr
* Buy 1 MSFT Jan21' 290 Put
* Sell 1 MSFT Jan21' 300 Put
* Sell 1 MSFT Jan21' 360 Call
* Buy 1 MSFT Jan21' 370 Call


SAFETY ZONES: : Prev. resistance could act as support at ~$306, prev.ATH could act as resistance at $338.

Stop/my risk management: Closing immediately if daily candle is closing out of the the box, max loss in my calculations in this case could be ~$200.

Take profit strategy: 50% of max.profit in this case with auto buy order at 1.25db

Of course I'll not wait until expiry in any case!


If you liked this article, check my other ideas.

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交易結束:目標達成:
Closed at target in profit. Nice trade.

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