MY Last 2023 Trade: SPX Calendar PUT Spread 📅
Trade Overview: Opened a calendar put spread on SPX for $1.65 debit at Dec27', expiring Jan 5'th due to low IVR (6) and high market hype.
Strategy Logic: Expecting minimal profit or loss even without directional correctness due to option decay. Aiming for profit near $4700 strike as volatility might increase.
Status: Positioned for a 3x profit; won't accept a loss due to recent gains.
- Symbol: SPX
- Side: Calendar Put Spread
- Strike: $4700
~~~~~~~~~~~~~~~
ANYWAY: HIT THE 🚀 BUTTON ABOVE!
This trade is part of my 2024 challenge, where I aim to turn a 12k$ account above 30K$.
Trade Overview: Opened a calendar put spread on SPX for $1.65 debit at Dec27', expiring Jan 5'th due to low IVR (6) and high market hype.
Strategy Logic: Expecting minimal profit or loss even without directional correctness due to option decay. Aiming for profit near $4700 strike as volatility might increase.
Status: Positioned for a 3x profit; won't accept a loss due to recent gains.
- Symbol: SPX
- Side: Calendar Put Spread
- Strike: $4700
~~~~~~~~~~~~~~~
ANYWAY: HIT THE 🚀 BUTTON ABOVE!
This trade is part of my 2024 challenge, where I aim to turn a 12k$ account above 30K$.
Trade closed manually
Trade closed today in $180 profit. [img]
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
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
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 165+ liquid US symbols:
✔ 𝗔𝘂𝘁𝗼-𝗨𝗽𝗱𝗮𝘁𝗶𝗻𝗴 𝗚𝗘𝗫 𝗹𝗲𝘃𝗲𝗹𝘀
✔ IVRank ✔ CALL/PUT skew ✔ Volatility Skew ✔ Delta curves
👉 7-day TRIAL 🌐 TanukiTrade.com
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
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.