Short Term Trade: "Trump Straddle"

To profit from tonight Trump speech i opened this morning a short term straddle.

Call out of the money 12.050
Put out of the money 11.650

The medium to longterm bias is unchanged so far. Usually i do not bet on short term trends. Tonights speech is a typical event i use straddles at times.

ความคิดเห็น:

FEB 28 2017: DAX closed today at 11.834 - means more or less exactely in the middle of the range. Puts and Calls breakeven (more or less) exactely 220 points higher or lower than todays close. This is what i expected. The set up for this trade is prepared and ready.

ความคิดเห็น:

March 1 2017: DAX at 12k. Momentum is to the up side and in Europe. Geopolitics is still the trigger for Stockmarkets.

ความคิดเห็น:

March 1 2017: 12.070 DAX cross break even point

ความคิดเห็น:

MAR 1 2017: DAX to close at days high and closing in to new record highs.

การซื้อขายยังคงดำเนินอยู่:

MAR 16 2017: DAX closing in to New All Time High.

การซื้อขายยังคงดำเนินอยู่:

MAR 29 2017: DAX closing in now to a New All Time High and will make it probalby in the next 2 trading days.

ความคิดเห็น:

MAR 29 2017: After Hours DAX 12.240 - just 150 point missing for a new All Time High.

ความคิดเห็น:

MAR 30 2017: DAX with new multi year intraday high 12.267 or just 123 points below the 2015 all time high.

ปิดการเทรด: ถึงเป้าหมายการทำกำไร

ปิดการเทรด ด้วยตนเอง

ความคิดเห็น:

MAR 31 2017: Longpositions of this straddle are closed now. Short positions still running.

Comment: MAR 31 2017: After hours. The DAX was tradet at 12.280 - almost at ATH levels.

Traders should focus now on this Issue. Marketscould react with a major sell off to any (!) Testimony.