Long Guts
Buy an ITM call and an ITM put to profit from a significant move in either direction.
Outlook : Expecting high volatility
Profit : Unlimited on the upside; substantial on the downside
Loss : Limited to the total premium paid
| Leg | Trade | Option | Lots | Strike |
|---|---|---|---|---|
| L1 | BUY | CALL | 1x | ATM - 2 |
| L2 | BUY | PUT | 1x | ATM + 2 |
ATM - 2ATM + 2Entry
Exit
09:2015:15Entry Presets
| Preset | Entry | Strikes |
|---|
Exit Presets
| Preset | Exit | SL | TP | |
|---|---|---|---|---|
| Firebrick | 15:15 | 0 % | 0 % | |
| Firebrick | 15:15 | 20 % | 0 % | |
| Firebrick | 15:15 | 0 % | 20 % | |
| Firebrick | 15:15 | 20 % | 20 % | |
| Firebrick | After 14:30 15:15 | 20 % | 20 % |