$AMD IC 40% Profit and 77% PoP #amd #trading #options
I'm waiting for this AMD corrention....
* Big red trending candle.
* Reasonable safety S/R zones.
* Long run and now correction.
Why Iron Condor?
Let the bulls/bears to choose direction, I would like to making money in any direction!
Max profit: $286
Probability of 50%Profit: 77%
Profit Target relative to my Buying Power: 40%
Max loss with my risk management: ~$200
Req. Buy Power: $770 (max loss without management before expiry, no way to let this happen!)
Tasty IVR: 94 (very high)
Expiry: 49 days
SETUP: IC for 1.43cr each, because IVR ultra high
* Buy 2 AMD Jan21' 110 Put
* Sell 2 AMD Jan21' 115 Put
* Sell 2 AMD Jan21' 170 Call
* Buy 2 AMD Jan21' 175 Call
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: 60% of max.profit in this case with auto buy order at 0.57db each.
Of course I'll not wait until expiry in any case!
If you liked this article, check my other ideas.
Anyway: HIT THE LIKE BUTTON BELOW, and for fresh option ideas FOLLOW ME( @mrAnonymCrypto ) on tradingview!
* Big red trending candle.
* Reasonable safety S/R zones.
* Long run and now correction.
Why Iron Condor?
Let the bulls/bears to choose direction, I would like to making money in any direction!
Max profit: $286
Probability of 50%Profit: 77%
Profit Target relative to my Buying Power: 40%
Max loss with my risk management: ~$200
Req. Buy Power: $770 (max loss without management before expiry, no way to let this happen!)
Tasty IVR: 94 (very high)
Expiry: 49 days
SETUP: IC for 1.43cr each, because IVR ultra high
* Buy 2 AMD Jan21' 110 Put
* Sell 2 AMD Jan21' 115 Put
* Sell 2 AMD Jan21' 170 Call
* Buy 2 AMD Jan21' 175 Call
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: 60% of max.profit in this case with auto buy order at 0.57db each.
Of course I'll not wait until expiry in any case!
If you liked this article, check my other ideas.
Anyway: HIT THE LIKE BUTTON BELOW, and for fresh option ideas FOLLOW ME( @mrAnonymCrypto ) on tradingview!
Boost up your charts with Options PRO!
REAL Options metrics for over 165+ liquid US symbols:
✔ 𝗔𝘂𝘁𝗼-𝗨𝗽𝗱𝗮𝘁𝗶𝗻𝗴 𝗚𝗘𝗫 𝗹𝗲𝘃𝗲𝗹𝘀
✔ IVRank ✔ CALL/PUT skew ✔ Volatility Skew ✔ Delta curves
👉 7-day TRIAL 🌐 TanukiTrade.com
REAL Options metrics for over 165+ liquid US symbols:
✔ 𝗔𝘂𝘁𝗼-𝗨𝗽𝗱𝗮𝘁𝗶𝗻𝗴 𝗚𝗘𝗫 𝗹𝗲𝘃𝗲𝗹𝘀
✔ IVRank ✔ CALL/PUT skew ✔ Volatility Skew ✔ Delta curves
👉 7-day TRIAL 🌐 TanukiTrade.com
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