TRADE IDEA: XOP FEB/MARCH 25/30 UPWARD CALL DIAGONAL
Metrics:
Max Loss/Buying Power Effect on Setup: $338/contract
Max Profit on Setup: $162/contract
Break Even: $28.38 versus $28.63 spot
Debit Paid to Spread Width Ratio: 67.6%
Delta: 39.2
Theta: .61
Notes: A bullish assumption shot at the low end of the range. Ordinarily, I like to go split month with these to give me more time to reduce cost basis, but there isn't an April expiry available yet, so going shorter duration (and therefore cheaper). Shooting for 50% max (.81/$81). I'll adjust the trade or cancel it in the a.m. pre-NY open if /CL price is substantially different from where it was at Friday close (48.31).
Max Loss/Buying Power Effect on Setup: $338/contract
Max Profit on Setup: $162/contract
Break Even: $28.38 versus $28.63 spot
Debit Paid to Spread Width Ratio: 67.6%
Delta: 39.2
Theta: .61
Notes: A bullish assumption shot at the low end of the range. Ordinarily, I like to go split month with these to give me more time to reduce cost basis, but there isn't an April expiry available yet, so going shorter duration (and therefore cheaper). Shooting for 50% max (.81/$81). I'll adjust the trade or cancel it in the a.m. pre-NY open if /CL price is substantially different from where it was at Friday close (48.31).
Operación activa
Filled for 3.64/contract; max profit of 1.36/contract; BE at 28.64; debit paid to spread width ratio: 72.8%.Operación cerrada manualmente
And ... out for 4.16 (.52/$52 per contract profit); 38.2% max; 14.3% ROC.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.