PawsAndProfits
06:10

Disclaimer: Nothing I say or post should be considered financial advice. Please do your own due diligence before making any investment decisions.

New trades:

$AXP VERTICAL 260904 PUT 325.0/PUT 327.5$ 

$MCD VERTICAL 260904 PUT 257.5/PUT 260.0$ 

$LQD VERTICAL 260918 PUT 105.0/PUT 106.0$ 

@PawsAndProfits - Specialist in combining FA and TA for Options selling and Swing trading.[666]  

💰Stocks to watch today?(20 August）
1. What news/movements are worth noting in the market today? Any stocks to watch? 2. What trading opportunities are there? Do you have any plans? 🎁 Make a post here, everyone stands a chance to win Tiger coins!
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Comments

  • Heartbeat12
    09:13
    Heartbeat12
    Why go with September and October expiries here? With the curve this flat, shorter-dated premium decay seems like the cleaner edge, especially on LQD
    • PawsAndProfits: 
      Shorter dated doesnt generate enough premium for the ROI I wish to achieve. So rather take a longer expiry and let the stock have time to recover. Will be looking to close the trades earlier if possible. :)
  • sadsam
    09:13
    sadsam
    Curious what the rough delta and theta look like on these spreads. I always sanity check the Greeks first before trusting the setup
    • PawsAndProfits: 
      Greeks are the secondary layer of checks for me. I am a techinical trader, so as long as the chart set up shows me a signal, plus fundamentals are still intact, im in. :)
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