FUNKO LONG CALL VERTICAL: high PoP (66%) and good ROI (30%)
Look at that volume in uptrend!
Max profit: ......................................................... $113
Probability of Profit: .............................................66%
Profit Target relative to my Buying Power: ......30%
Max loss with my risk management: ...................~ $100
Buy Power: $387 (max loss without management at expiry, no way to let this happen!)
Tasty IVR: 13 (relative low)
Expiry: 58 days
Buy 1 FNKO May21' 10 Call
Sell 1 FNKO May21' 15 Call
Debit Call spread for 3.87db, because IVR is relative low.
Stop/my risk management: Closing immediately if daily candle is closing BELOW the box, max loss in my calculations in this case could be 100$. Probability of loss in this way: ~15% .
Take profit strategy: 60% of max.profit in this case with auto sell order at 4.55cr. Probability of profit this way: ~85%.
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( @TanukiTrade ) on tradingview!
Max profit: ......................................................... $113
Probability of Profit: .............................................66%
Profit Target relative to my Buying Power: ......30%
Max loss with my risk management: ...................~ $100
Buy Power: $387 (max loss without management at expiry, no way to let this happen!)
Tasty IVR: 13 (relative low)
Expiry: 58 days
Buy 1 FNKO May21' 10 Call
Sell 1 FNKO May21' 15 Call
Debit Call spread for 3.87db, because IVR is relative low.
Stop/my risk management: Closing immediately if daily candle is closing BELOW the box, max loss in my calculations in this case could be 100$. Probability of loss in this way: ~15% .
Take profit strategy: 60% of max.profit in this case with auto sell order at 4.55cr. Probability of profit this way: ~85%.
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( @TanukiTrade ) on tradingview!
