Update $700 Winning Trade on /ETH

Ziv Ziv

4d ago (edited) in General discussion

Here's a trade we took just 2 weeks ago, it was an iron condor for small accounts with over 1k potential income.

I just closed it for $700+ profit and am happy with that.

Feel free to join the classroom for more trade ideas that are based on math and probabilities.

12/04/2024 -

/ETH - $3,805 PRICE - 3000-3100-5000-5100 iron condor - $1,075 income - $5,384 BP - Dec 27th exp.

For the /ETH iron condor trade if you don't know how to set it up here's a screenshot but in general, your goal (and I will do a video on iron condors on my course that is being built) is for the price to trade between the mid-range - 3,100 - 5,000 by expiration.

If it happens you collect the full amount. You will start losing if it breaks those levels to either side.

The max loss of almost $4,000 is if $ETH breaks either the right or left side - under 3k or above 5.1k at expiration.

Theta decay of almost $40 per day till expiration, I'm betting on a few relaxed days on ETH from here till expiry.

Good luck,

Ziv

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