GME
Bull Put Spread
Put legs: -30 +24.5
Expiry: Jul 12th
Premium: $ 1,059.00
Contracts: 3
Fees: $ 6.84
Post Fees: $ 1,052.16
Capital Allocated: $ 597.84
Max Gain on position: 175.99%
Will aim to close early, around 50% of the $1052 or close to it, this is a directional play, there is a live stream by RoaringKitty at 11am CST today.
I chose my strikes based on the vol profile indicator.
Bull Put Spread
Put legs: -30 +24.5
Expiry: Jul 12th
Premium: $ 1,059.00
Contracts: 3
Fees: $ 6.84
Post Fees: $ 1,052.16
Capital Allocated: $ 597.84
Max Gain on position: 175.99%
Will aim to close early, around 50% of the $1052 or close to it, this is a directional play, there is a live stream by RoaringKitty at 11am CST today.
I chose my strikes based on the vol profile indicator.
Note
Closed early at 50% loss, RoaringKitty Stream screwed the play
Crypto Investor & Speculator / Options Trader, Brave Money Podcast
Training Options Trading with the Dorian Trader community: doriantrader.com/?aff=bravemoney
Training Options Trading with the Dorian Trader community: doriantrader.com/?aff=bravemoney
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.
Crypto Investor & Speculator / Options Trader, Brave Money Podcast
Training Options Trading with the Dorian Trader community: doriantrader.com/?aff=bravemoney
Training Options Trading with the Dorian Trader community: doriantrader.com/?aff=bravemoney
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.