Tuesday, June 30, 2009

6/30
TRADE SETUP: WBT BOT +1 CALENDAR IBM 100 AUG 09/JUL 09 105 CALL @1.29 IBM MARK 104.02




IBM has been trading in a range and with the vol so low I entered in the 105 calendar.


Max Risk =1.29
Probability of Profit =55.21%


Profit TARGET: 20% (1.55)
Loss EXIT: -25% (0.96)
Publish Post
TRADE MANAGEMENT:
BreakEven Points: (100,110)

Did I plan my trade & trade my plan? -

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