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CAT 16DEC PUT BUTTERFLY

Homepage Forums Active Trader Forum Active Trader – IGOR Trades CAT 16DEC PUT BUTTERFLY

This topic contains 2 replies, has 1 voice, and was last updated by  Igor 3 years, 4 months ago.

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  • #19073

    Igor
    Keymaster

    CAT at 227.87

    We’re looking for a move towards 210. This is a Put Butterfly made of 230/210 put debit spread and a 210/200 put credit spread.

    Max risk in this trade is the debit paid. Breakeven at expiration is 230 – debit paid.

    Implied Prob of Profit: 46%

    Risk Profile:

    Order Ticket:

    #19108

    Igor
    Keymaster

    CAT at 227.89

    With 10 days to go, I’m looking for a way to pull as much risk OUT as possible, let’s have a look:

    Risk Profile:

    Order Ticket:

    #19129

    Igor
    Keymaster

    CAT at 230.96

    This is a closing trade. We pulled most of the risk out earlier in the trade. We needed CAT at 210 but it never moved there. This is a small loss.

    Order Ticket:

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