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Dax butterfly option trade idea


Guest oilfxpro

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Guest oilfxpro

Premiums are high on weekly options . they have shot up  by 300%.I bought cash , sold 12000 weekly calls and bought feb 11500 put.I will lose above 12500 , make profit between 11600  and below 12500

 

So I did this trade  with a pending buy stop order .

 

https://community.ig.com/t5/General-Trading-Strategy/How-to-give-a-quality-trade-idea/m-p/22074#M1464

 

 

trade idea.jpga

 

 

In regards to the  trade idea analysis, no representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. IG  or original poster accepts no responsibility for any use that may be made of these comments and for any consequences that result.

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