All tweets are my opinion. Please do not consider them as investment advice. Trades setups are for informational/educational purpose only. Trade at ur own risk.
This trade is in 20% profits. I am rolling one contract to Jan expire took .17 credit and leaving one contract for dec
SELL -1 VERT ROLL FISV 100 16 JAN 26/19 DEC 25 70/65/70/65 PUT @.17 LMT
@2 Here Capital used is 230 per contract, expecting max 270 per contract. If we close for 470 means that is 100% (230/contract) returns. Stop loss is 130, which means $100 loss per contract. So Risk: Reward is 1:2+ (I placed 2 contracts, so expecting 460 reward and 200 loss on SL.