IWM 180/175 Spread
Updated
This idea is related to my earlier idea. Check it out there for logic as the logic for this trade was essentially the same. In addition to the logic:
1. The return profile was there 10% Return on Margin
2. Appropriate Delta
3. Lovely Cushion / Level for the trade.
See linked idea for technical logic
1. The return profile was there 10% Return on Margin
2. Appropriate Delta
3. Lovely Cushion / Level for the trade.
See linked idea for technical logic
Trade closed: target reached
Closed for 50% profit @ 0.24 Debit - Total hold time was 2 days! :)
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