– SOLD STRANGLE MCD 100 JAN 15 97.5/87.5 CALL/PUT @1.57
MCD is right in the middle of it’s Fibonacci Retracement and it’s volatility is super high and it looks to be coming off. I’m going to try and pick up the loot on the vol contraction. Pretty nice pricing at the $1.57 for around a %70 chance of win. Started using the ImpVolatility study instead of the Swami. Seems really nice. You can see I’ve been studying this chart like crazy.
12/26/14 – BOT STRANGLE MCD 100 JAN 15 97.5/87.5 CALL/PUT @1.13
I closed it. I don’t really want to hold much over the weekend. %35 profit after commissions.
DISCLAIMER - JVOND SUCKS AT INVESTING! FOR LEARNING PURPOSES ONLY!