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Thetatrade

#THETA (SPOT) entry range( 1.350- 1.450) T.(2.180) SL(1.347)BINANCE:THETAUSDT entry range ( 1.350- 1.450) Target (2.180) 1 Extra Targets(optional) in chart, if you like to continue in the trade with making stoploss very high. SL .4H close below (1.347) *** No FOMO - No Rush , it is a long journey *** *** collect the coin slowly in the entry range *** **** #Manta ,#OMNI, #DYM, #AI, #IO, #XAI , #ACE #NFP #RAD #WLD #ORDI #BLUR #SUI #Voxel #AEVO #VITE #APE #RDNT #FLUX #NMR #VANRY #TRB #HBAR #DGB #XEC #ERN #ALT #IO #ACA #HIVE #ASTR #ARDR #PIXEL #LTO #AERGO #SCRT #ATA #HOOK #FLOW #KSM #HFT #MINA #DATA #SC #JOE #RDNT #IQ #CFX #BICO #CTSI #KMD #FXS #DEGO #FORTH # AST #PORTAL #CYBER #CLV #RIF ENJ #ZIL #APT #MAV #zrx #render #theta ****
Long
by Crypto_alphabit
THETA 1W THETA is close at the $3.5 resistance . I would wait for the weekly closing before taking any other decision about the short term ( next couple of weeks ) for this coin . Additionally I believe that we could see a retracement before making another attempt to break through the resistance at $3.5 . If we successfully break the resistance the other level I will be watching is around $4.5 , above that we could be ranging between $5 and $9 as we previously did from 17 of May 2021 until 29 of November 2021 .
by Trader_Sentinel
Trading Edge 2020 Portfolio -Trade #6 - WMT - Asymmetric Spread Ticker: WMT *This trade is a little more complex, than the others, as it has 2 separate spreads, but stick with me Position: 1st leg - Call debit spread - 21st Feb 2020 expiry - Long 114 Strike call = $4.85 - D = 0.99 - Short 115 Strike call = $4.25 - D = 0.95 - Net cost of 1st leg = $0.6 Position: 2nd leg - Put debit spread - 21st Feb 2020 expiry - Long 120 Strike put = $3.88 - D = 0.88 - Short 119 Strike put = $3.30 - D = 0.73 - Net cost of 2nd leg = $0.58 Total net cost to run 1x of EACH spread = $1.18 <-------- This is the key number to pay attention to (DO NOT ENTER if this price is above $1.30) Profit Target/ Exit: - Maximum profit at expiration is $0.82 (both spreads finish at max value) - Maximum risk = $0.18 (one of the spreads is guaranteed to finish at maximum value ($1.00), therefore the maximum risk is simply the excess, in this case $0.18 - This gives us a "Return on Risk" (RoR) multiple of 4.5, this is a very good asymmetric trade, but it is entirely dependent on the price paid for BOTH spreads, this is why the highest price i would pay is $1.30 for both spreads, lower than $1.25 would be ideal - Even the worse case scenario of paying $1.30 would still result in a $0.30 risk to make $0.70, which is still a RoR multiple of 2.3 - Exit, let the spreads run their course for the duration, we are risking the full exposed premium (so limit your risk assuming it will fail) Rationale: - The high RoR multiple is the major rationale, coupled with the relatively low risk and entry cost - So long as WMT finishes within the outlined white lines, the trade will be profitable - If WMT finishes within the red lines, the trade will achieve maximum profit - Position size only so that your are risking a relatively small amount, i will risk no more than around $400 - Technically, WMT does appear to be more bullish than bearish, if this does eventuate, then a simple way to play that would be to incorporate a naked bought call, to capture the upside, however this would also make this a directional trade, whereas currently this is a theta dependent trade. *Note, the specific entry prices will likely vary, however so long as the net cost to run 1x of BOTH spreads is less than $1.30, ideally less than $1.25, then it will still be a valid trade - TradingEdge
NYSE:WMT
by Profit_Link