Option
IRON TARIHi guys,
according to my strategy we have 4weeks 12% strikes, 90% probability of success.
For this Iron condor with 5$ spread for each side there is a max profit of 40$ and a max loss 460$: if you are new in Iron condor you should find this R/R ratio very poor compared with forex, but we have very high odds at our side! 90% to get the maxim profit, plus 5$ extra on both sides (the long legs) before to get tha max loss. If the weekly candle closes over the short strike we close the trade, for a loss lower than max loss of 460$.
If you are more experienced you'd love to jump in this trade as I do, Strangle, no long legs, for a max credit of 80$.
Enjoy your wallet!
Tari.
Iron TariHi guys,
according to my strategy we have 4weeks 20% strikes, 99% probability of success, this means that we never had a lost in the past.
For this Iron condor with 5$ spread for each side there is a max profit of 90$ and a max loss 410$: if you are new in Iron condor you should find this R/R ratio very poor compared with forex, but we have very high odds at our side! 99% to get the maxim profit, plus 5$ extra on both sides (the long legs) before to get tha max loss. If the weekly candle closes over the short strike we close the trade, for a loss lower than max loss of 461$.
If you are more experienced you'd love to jump in this trade as I do, Strangle, no long legs, for a max credit of 130$, IV is 75%
Enjoy your wallet!
Tari.
IRON TARIHi guys,
according to my strategy we have 4weeks 15% strikes, 91% probability of success.
For this Iron condor with 5$ spread for each side there is a max profit of 55$ and a max loss 445$: if you are new in Iron condor you should find this R/R ratio very poor compared with forex, but we have very high odds at our side! 91% to get the maxim profit, plus 5$ extra on both sides (the long legs) before to get tha max loss. If the weekly candle closes over the short strike we close the trade, for a loss lower than max loss of 445$.
IV is too low to trade a strangle, even the odds are so great!
Enjoy your wallet!
Tari.
Iron TariHi guys,
according to my strategy we have 4weeks 15% strikes, 93% probability of success.
For this Iron condor with 5$ spread for each side there is a max profit of 100$ and a max loss 400$: if you are new in Iron condor you should find this R/R ratio very poor compared with forex, but we have very high odds at our side! 93% to get the maxim profit, plus 5$ extra on both sides (the long legs) before to get tha max loss. If the weekly candle closes over the short strike we close the trade, for a loss lower than max loss of 400$.
I prefer a strangle this time, max profi is 250$, and if things go wrong I close the trade for a max loss of 800$, getting a better R/R ratio, always with a 90% of max profit!
Enjoy your wallet!
Tari.