Oil is in the middle of a Correction. I still expect it to go down lower, but until then we can still trade it. My favorite strategy in this cases is to use a In the money Ratio Spread using December options (Buying one $51.5 Put and selling 2 $47 puts for a total credit). If it breaks to the upside, there is no risk, and if it goes down then I will short the Future contract. Our break even is at $42.22 so as long as it stays over it we are making money. Maximum profit is $4,780 per contract and I will look to close it early to improve the probabilities.
ノート
Added a Short on the Futures at 45.5 after news to protect the trade to the downside.ノート
Ok, so the news tagged our entry to short and then it reversed. I Closed the Future contract with a loss when we broke the trend line and sold 2 Puts at 44.5 to get what I lost back.免責事項
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免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。