SPY Synthetic Strangle
Trade Setup:
-1 SPY May 19 225/235/236/245 Synthetic Strangle @ $5.51
DTE: 56
Max Win: $551
Max Loss: $449
Breakevens: $229.49 & $241.51
Trade Management: 25% winner; full loser. Will take off a side if nearly worthless; Will roll put out if ITM at expiration.
Green is profit zone; Vertical black bar is expiration.
-1 SPY May 19 225/235/236/245 Synthetic Strangle @ $5.51
DTE: 56
Max Win: $551
Max Loss: $449
Breakevens: $229.49 & $241.51
Trade Management: 25% winner; full loser. Will take off a side if nearly worthless; Will roll put out if ITM at expiration.
Green is profit zone; Vertical black bar is expiration.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.