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DG at 216.45
This is a bet that the stock is going to move towards the expected range low over the next 30 days.
Risk Profile:
Open Trade Ticket:
This risk in this trade is the debit paid and I will assume full risk on this trade.
DG at 210.80
I’m going to roll the winds in to convert this butterfly from a 10 point wide to a 5 point wide. This adjustment will result in a net credit that will cover the initial outlay and make this trade completely risk free.
Order Ticket:
This trade has 3 days until expiration. I will need to close out this trade if DG is trading below 205 by Friday of this week.
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