11-28-2022, 08:42 PM
So quiet in here that I thought I'd post today's trade. I put this on every 30ish days ( I like to use a down day). Ties up between $500-1,000 margin. Generates $50 income with the potential for the rare big hitter if it expires within the "bear trap"
/MES
Bought 3810P, Sold 3760P (50 point wide) Sold 3690P
Net credit $10.25 x /MES multiplier of 5 = 51.25
90% probability of expiring OTM but actually plays out much better.
EZ to manage as well.
Stole the trade idea, it's the 1-1-1
Good luck and happy holidays to all here.
/MES
Bought 3810P, Sold 3760P (50 point wide) Sold 3690P
Net credit $10.25 x /MES multiplier of 5 = 51.25
90% probability of expiring OTM but actually plays out much better.
EZ to manage as well.
Stole the trade idea, it's the 1-1-1
Good luck and happy holidays to all here.