I entered an iron condor spread, if the price stays between in 1.30-1.34 on Feb.07 then profitable, here is the idea:
1. Pounds stays in the area and follow a fashion of triangle;
2. After the triangle end, starts to decline, good chance to go long on volatility, maybe naked put or put debit spread.
1. Pounds stays in the area and follow a fashion of triangle;
2. After the triangle end, starts to decline, good chance to go long on volatility, maybe naked put or put debit spread.
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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.