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UPS 17FEB CALL BUTTERFLY

Homepage Forums Active Trader Forum Active Trader – IGOR Trades UPS 17FEB CALL BUTTERFLY

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

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  • #19180

    Igor
    Keymaster

    UPS at 180.15

    I’m looking for a move to 195 area if we see a break above the trendline

    Chart:

    Risk Profile:

    Order Ticket:

    This is an OTM call butterfly. Buying 190/200 call spread and selling 200/210 call spread.

    The risk in this trade is the debit paid.

    #19208

    Igor
    Keymaster

    UPS at 189.60

    I closed 4/5 pos for 1.90 credit and remaining 1/5 for 2.50 credit

    Total profit: 0.72 on 1.30 or +55% ROR

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