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2019 Trades

fxi: 03.22.19 – 04.24.19

ETF | Chinese Equities | Status: Closed

Opening Trade

03.22.19
Selling a
in FXI to take advantage of the pop in
today. If the market settles down next week, this trade should be profitable. If
continues to expand, the position may lose some money but it is fairly small and should leave me plenty of room to add more trades. Looking to take about 50% of max profit out of this one.

Risk Profile:

(Not to scale)
Figure 1

Strategy: Short 41/46 Strangle

sto 1 may 17 41 put
sto 1 may 17 46 call
Fill Price: $1.02 credit

Position Analysis

U/L Price: $43.82
IV: 21.5%
IVR: 24.4
Liquidity: 4/4
Position: Short 41/46 Strangle
POP: 66%
Cost Basis: $1.02
Risk: Undefined
BPR: $660
Max Profit: $1.02
Max Loss: Unlimited
Target P/L: $0.51
Break Even(s): $39.98, $47.02
Extrinsic Value: $102.00
Net Delta: -7.45
Net Theta: 1.974

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2019 Trades
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