TA at 1HR TF (because this stock is new, no daily history)
Quick Coinbase play at high IVR, reasons:
- trend changed: higher high , lower lows
- divergence at bottom
- my strike is last bottom as support- $260
- I have very plenty safety zone
- Buying power arrieved as volume
Max profit: $220
Probability of Profit: 72%
Profit Target relative to my Buying Power: 28%
Max loss with my risk management: ~$290
Req. Buy Power: $780 (max loss without management before expiry, no way to let this happen!)
Tasty IVR: 93 (ultra high)
Expiry: 38 days
Buy 1 COIN Jun18' 250 Put
Sell 1 COIN Jun18' 260 Put
Credit Put spread for 2.2cr, because IVR is very high.
Stop/my risk management: Closing immediately if daily candle is closing BELOW the box, max loss in my calculations in this case could be 290$. Probability of loss in this way: ~10% .
Take profit strategy: 65% of max.profit in this case with auto sell order at 0.77db. Probability of profit this way: ~90%.
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!
Quick Coinbase play at high IVR, reasons:
- trend changed: higher high , lower lows
- divergence at bottom
- my strike is last bottom as support- $260
- I have very plenty safety zone
- Buying power arrieved as volume
Max profit: $220
Probability of Profit: 72%
Profit Target relative to my Buying Power: 28%
Max loss with my risk management: ~$290
Req. Buy Power: $780 (max loss without management before expiry, no way to let this happen!)
Tasty IVR: 93 (ultra high)
Expiry: 38 days
Buy 1 COIN Jun18' 250 Put
Sell 1 COIN Jun18' 260 Put
Credit Put spread for 2.2cr, because IVR is very high.
Stop/my risk management: Closing immediately if daily candle is closing BELOW the box, max loss in my calculations in this case could be 290$. Probability of loss in this way: ~10% .
Take profit strategy: 65% of max.profit in this case with auto sell order at 0.77db. Probability of profit this way: ~90%.
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!
Note
At the border before event!Double my position for 5.5cr, IVR is exrtreme high - 111 !
Boost up your charts with Options PRO!
REAL Options metrics for over 200+ liquid US symbols:
✔ 𝗔𝘂𝘁𝗼-𝗨𝗽𝗱𝗮𝘁𝗶𝗻𝗴 𝗚𝗘𝗫 𝗹𝗲𝘃𝗲𝗹𝘀
✔ GEX ✔ IVRank ✔ CALL/PUT skew ✔ Volatility✔ Delta curves
👉 7-day TRIAL 🌐 TanukiTrade.com
REAL Options metrics for over 200+ liquid US symbols:
✔ 𝗔𝘂𝘁𝗼-𝗨𝗽𝗱𝗮𝘁𝗶𝗻𝗴 𝗚𝗘𝗫 𝗹𝗲𝘃𝗲𝗹𝘀
✔ GEX ✔ IVRank ✔ CALL/PUT skew ✔ Volatility✔ 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 200+ liquid US symbols:
✔ 𝗔𝘂𝘁𝗼-𝗨𝗽𝗱𝗮𝘁𝗶𝗻𝗴 𝗚𝗘𝗫 𝗹𝗲𝘃𝗲𝗹𝘀
✔ GEX ✔ IVRank ✔ CALL/PUT skew ✔ Volatility✔ Delta curves
👉 7-day TRIAL 🌐 TanukiTrade.com
REAL Options metrics for over 200+ liquid US symbols:
✔ 𝗔𝘂𝘁𝗼-𝗨𝗽𝗱𝗮𝘁𝗶𝗻𝗴 𝗚𝗘𝗫 𝗹𝗲𝘃𝗲𝗹𝘀
✔ GEX ✔ IVRank ✔ CALL/PUT skew ✔ Volatility✔ 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.