Chinese crash credit play, because of high IVRank.
My Iron Condor Hunter script have signaled a safe entry here.
[u]REASONS:[/u]
1) Confirmed bear trend
This is the safe playground of IC for credit.
The backtested 3 years of bullish trend changed.

2) My automatic Iron Condor Hunter script
My Iron Condor Hunter script gave a reliable signal to opening IC position.
To subscibe for free trial of it: please follow and requeast access for free.

Max profit: $188
Probability of 50%Profit: 88%
Profit Target relative to my Buying Power: 23%
Max loss with my risk management: ~$200
Req. Buy Power: $812 (max loss without management before expiry, no way to let this happen!)
Tasty IVR: 81 (very high)
Expiry: 53 days
Buy 1 BABA Sep17' 140 Put
Sell 1 BABA Sep17' 150 Put
Sell 1 BABA Sep17' 220 Call
Buy 1 BABA Sep17' 230 Call
Bearish IronCondor for 1.88cr, Tasty IVRank is extreme high (81 IVR).
Stop/my risk management: Closing immediately if daily candle is closing OUTSIDE the box, max loss in my calculations in this case could be 100$.
Take profit strategy: 65% of max.profit in this case with auto debit order for 0.66db.
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!
My Iron Condor Hunter script have signaled a safe entry here.
[u]REASONS:[/u]
1) Confirmed bear trend
This is the safe playground of IC for credit.
The backtested 3 years of bullish trend changed.
2) My automatic Iron Condor Hunter script
My Iron Condor Hunter script gave a reliable signal to opening IC position.
To subscibe for free trial of it: please follow and requeast access for free.
Max profit: $188
Probability of 50%Profit: 88%
Profit Target relative to my Buying Power: 23%
Max loss with my risk management: ~$200
Req. Buy Power: $812 (max loss without management before expiry, no way to let this happen!)
Tasty IVR: 81 (very high)
Expiry: 53 days
Buy 1 BABA Sep17' 140 Put
Sell 1 BABA Sep17' 150 Put
Sell 1 BABA Sep17' 220 Call
Buy 1 BABA Sep17' 230 Call
Bearish IronCondor for 1.88cr, Tasty IVRank is extreme high (81 IVR).
Stop/my risk management: Closing immediately if daily candle is closing OUTSIDE the box, max loss in my calculations in this case could be 100$.
Take profit strategy: 65% of max.profit in this case with auto debit order for 0.66db.
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
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
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
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.