Fed News Event Straddle using SPY Weekly Options

News Event Straddle using SPY Weekly Options
Here is a SPY straddle
where a trailing stop will be use to
close out one of the options
and hopefully catch any move
after the fed news event today.

NEWS EVENT - FED
SPY Straddle
SPY MAR 31 204 CALL @ $.45
SPY MAR 31 202 PUT @ $.55
Equal dollar amount invested in each
Cost $1.00

RISK DISCLAIMER
Options involve risks and are not suitable for everyone. Option trading can be speculative in nature and carry substantial risk of loss. Only invest with risk capital.


topandbottomtradesignals.net

การซื้อขายยังคงดำเนินอยู่:

The net profit of the straddle so far depends how quickly
the put potion of the trade was closed.

The call portion of the straddle is up 200% with the position remaining
open overnight. We will continue to hold the position open
and protect the profits with trailing stops. We will wait for a TOP signal.

SPY is at resistance 205

SPY MAR 31 204 CALL opened @ $.45
High for the day was $1.50 for a 200% profit on the call portion of the trade

SPY MAR 31 202 PUT @ $,55 closed with a trailing stop
Equal dollar amount invested in each
Cost $1.00