Chinese crash credit play, because of high IVRank. My Iron Condor Hunter script have signaled a safe entry here.
[u]REASONS:[/u]
1) Confirmed bear trend This is the safe playground of IC for credit. The backtested 3 years of bullish trend changed.
2) My automatic Iron Condor Hunter script My Iron Condor Hunter script gave a reliable signal to opening IC position. To subscibe for free trial of it: please follow and requeast access for free.
Max profit: $188 Probability of 50%Profit: 88% Profit Target relative to my Buying Power: 23% Max loss with my risk management: ~$200
Req. Buy Power: $812 (max loss without management before expiry, no way to let this happen!) Tasty IVR: 81 (very high) Expiry: 53 days
Buy 1 BABA Sep17' 140 Put Sell 1 BABA Sep17' 150 Put Sell 1 BABA Sep17' 220 Call Buy 1 BABA Sep17' 230 Call
Bearish IronCondor for 1.88cr, Tasty IVRank is extreme high (81 IVR).
Stop/my risk management: Closing immediately if daily candle is closing OUTSIDE the box, max loss in my calculations in this case could be 100$.
Take profit strategy: 65% of max.profit in this case with auto debit order for 0.66db.
Of course I'll not wait until expiry in any case!
If you liked this article, check my other ideas.
Anyway: HIT THE LIKE BUTTON BELOW, and for fresh option ideas FOLLOW ME( @mrAnonymCrypto ) on tradingview!
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.