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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 .





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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