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Lordstown Motors Event Play with high IVR selling for credit

519

Selling naked put option at event

  • Max profit: 90$
  • Probability of Profit: 77%
  • Profit Target relative to my Buying Power: 21%
  • Buy Power: $410
  • Max loss with my risk management: ~ $300
  • Tasty IVR: 56
  • Expiry: 30days


Sell 2 RIDE April16' 10 PUT

Selling put option for 0.45cr each



Stop/my risk management: Closing immediately if daily candle is closing below $10, Safety zone at 13$ support.


Take profit strategy: I'm taking at the 60% of max.profit in this case with auto sell order. (at 0.18 debit)


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Trade closed: target reached
Target reached, great profit grabbed.
TanukiTrade
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

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Also on:
eventeventdriveneventsFundamental AnalysisTechnical IndicatorsnakedtradingoptionoptionsoptionstraderoptionstradingTrend Analysis

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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.
eventeventdriveneventsFundamental AnalysisTechnical IndicatorsnakedtradingoptionoptionsoptionstraderoptionstradingTrend Analysis
TanukiTrade
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
Also on:

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.