2️⃣ What’s my plan from here? Take profit around 70-90% max premiums. Take loss if 2x premium loss.
$IBM CUSTOM 261120 CALL 255.0/PUT 205.0/CALL 260.0/PUT 200.0$ 1️⃣ Why am I making this trade now?
Batman setup (Double Ratio) on IBM with 38 DTE.
Earnings in 21st Oct.
52 weeks low is below $200.
Hitting support at $219 before rebounding past few days.
Decent IV rank at 40+, decent credit received and decent probability of trade success around 70-80%.
2️⃣ What’s my plan from here? Take profit around 70-90% max premiums. Take loss if 2x premium loss.
2️⃣ What’s my plan from here? Take profit around 70-90% max premiums. Take loss if 2x premium loss.
IBM Custom
10-13 23:23
US255.0/205.0/260.0/200.0
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Credit Open | -3.91 1 | -- Holding |
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