AlexanderGotay

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

Kort
AlexanderGotay Uppdaterad   
CME:E61!   None
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.
Handel aktiv:
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.
Handel aktiv:
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.
Handel aktiv:
Rolled to extend time and now I have the 11.1/11.12 inverted strangle and collected additional credit.
Trade stängt: Stopp nått:
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.

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