D ducati998 Experienced member Messages 1,196 Likes 68 Jan 24, 2011 #1 New Position in GOOG I have just placed a Butterfly on GOOG using the weeklies: Buy 1 @ $620 @ $3.24 Sell 2 @ $625 @ $2.13 Buy 1 @ $630 @ 1.45 The trade dynamics are as follows: Max Risk = $0.43 Max Reward = $4.57 B/E Upside = $629.57 B/E Downside = $620.43 Attachments goog.png 41.7 KB · Views: 455
New Position in GOOG I have just placed a Butterfly on GOOG using the weeklies: Buy 1 @ $620 @ $3.24 Sell 2 @ $625 @ $2.13 Buy 1 @ $630 @ 1.45 The trade dynamics are as follows: Max Risk = $0.43 Max Reward = $4.57 B/E Upside = $629.57 B/E Downside = $620.43
D ducati998 Experienced member Messages 1,196 Likes 68 Jan 26, 2011 #2 Update, GOOG trade is now profitable @ +$0.30 [hardly exciting] However, if GOOG continues to move higher, it may be worth closing the trade before expiration. jog on duc Attachments goog.png 41.1 KB · Views: 413
Update, GOOG trade is now profitable @ +$0.30 [hardly exciting] However, if GOOG continues to move higher, it may be worth closing the trade before expiration. jog on duc
D ducati998 Experienced member Messages 1,196 Likes 68 Jan 28, 2011 #3 Closed out this trade as a loss. jog on duc
elitejets Established member Messages 943 Likes 435 Jan 28, 2011 #4 Bummer, thanks for sharing though
D ducati998 Experienced member Messages 1,196 Likes 68 Jan 28, 2011 #5 ej, Limited risk trades, with a reasonable return, are always worth taking, assuming of course that you win enough of them. This is of course the primary consideration here: what are the true odds on hitting say about 50% wins. jog on duc
ej, Limited risk trades, with a reasonable return, are always worth taking, assuming of course that you win enough of them. This is of course the primary consideration here: what are the true odds on hitting say about 50% wins. jog on duc
