Post by Admin on Jan 12, 2015 3:45:25 GMT
1) Ticker Symbol: USO
2) Chart :
3) price entry expectation and exit: Strike 17.50/17.00 Puts
4) Strategy:bull put spread
5) expected duration: 3 weeks
6) ROC: 5%. Net credit 2.91. Max loss: $50
7) IV Rank: 90%. This trade might be better for a 2 week time period.
8) IV range for the next 5 days
1 STD move: 1.28
1 STD Upper:19.56
1 STD Lower:17.00
Contingency plan: Over the next 5 days, if the upper strike is close to being pierced, I will initiate an IC spread at 0.75 to 1 STD for same period. depending on credit received.
Short strike IV: 17.51
1 STD: 1.25
Lower: 16.26 - > 16.00
Upper: 18.26 -> 18.00
Expected IC STD 0.75
16.51/16.00 Put
18.50/19.50 Call
Expected IC STD 1.00
16.00/15.50 Put
19.00/19.50 Call
Not sure when I put this trade on. I have to start making better records. The one sided credit is a little light. I need to start making trades with higher ROC. How to do that is the hard part. At this time, I will try to put an upside spread in order to double credit received. the capital required is the same, so it's worth the try. At this point, my lower strike doesn't look too good. Contingency plan is to roll the spread downward.
2) Chart :
3) price entry expectation and exit: Strike 17.50/17.00 Puts
4) Strategy:bull put spread
5) expected duration: 3 weeks
6) ROC: 5%. Net credit 2.91. Max loss: $50
7) IV Rank: 90%. This trade might be better for a 2 week time period.
8) IV range for the next 5 days
1 STD move: 1.28
1 STD Upper:19.56
1 STD Lower:17.00
Contingency plan: Over the next 5 days, if the upper strike is close to being pierced, I will initiate an IC spread at 0.75 to 1 STD for same period. depending on credit received.
Short strike IV: 17.51
1 STD: 1.25
Lower: 16.26 - > 16.00
Upper: 18.26 -> 18.00
Expected IC STD 0.75
16.51/16.00 Put
18.50/19.50 Call
Expected IC STD 1.00
16.00/15.50 Put
19.00/19.50 Call
Not sure when I put this trade on. I have to start making better records. The one sided credit is a little light. I need to start making trades with higher ROC. How to do that is the hard part. At this time, I will try to put an upside spread in order to double credit received. the capital required is the same, so it's worth the try. At this point, my lower strike doesn't look too good. Contingency plan is to roll the spread downward.