3.18.2025
Trade #7 of 2025 executed. So simple, yet far from easy...
Trade entry at 30 DTE (days to expiration).
This trade has a little more hot sauce and fire built into it.
Unbalanced butterfly, close to expiration, will adjust the wing widths as the market adjusts either up or down. Goal is to be out of this trade in under two weeks before GAMMA really begins kicking in.
The reason I like going in closer to expiration after big market moves, is the volatility is better, and fills are quicker, and spreads are tighter. The downside of playing super long DTE strategies is that when the market gets spooked or turbulent, the bid/ask spreads become a mile wide.
Happy Trading!
-kevin
Trade #7 of 2025 executed. So simple, yet far from easy...
Trade entry at 30 DTE (days to expiration).
This trade has a little more hot sauce and fire built into it.
Unbalanced butterfly, close to expiration, will adjust the wing widths as the market adjusts either up or down. Goal is to be out of this trade in under two weeks before GAMMA really begins kicking in.
The reason I like going in closer to expiration after big market moves, is the volatility is better, and fills are quicker, and spreads are tighter. The downside of playing super long DTE strategies is that when the market gets spooked or turbulent, the bid/ask spreads become a mile wide.
Happy Trading!
-kevin
Trade attivo
3.26.2025Trade adjusted
Trade chiuso: stop raggiunto
trade closed
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Declinazione di responsabilità
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.