Risk Reversal Sept – Sept 20 Return: 21%
| Trades |
|---|
| BUY 1 SPX 2995 CALL |
| SELL 1 SPX 3000 CALL |
| BUY 1 SPX 2875 PUT |
| SELL 1 SPX 2880 PUT |
| Date | Entry Price | Exit Price |
|---|---|---|
| Sept 18 | -0.85 | |
| Sept 20 | 0.2 |
| TOTAL PROFIT | ||
|---|---|---|
1.05
|
| TRADE DURATION |
|---|
| 2 DAYS |
| COMMENTS |
|---|
| We were expecting upside action in SPX but we were not sure it could happen fast enough so we went for a binary risk reversal. The idea was to benefit both from the passage of time and any upside drift in the market. |
