DAX weekly options trade idea:
Monday, June 24: Entry - bought a weekly DAX 7600 ITM Call @ 163
(using IGMarket weekly options, DAX@7700, TimeValue = BreakEven = 63)
Max Risk of Trade: 163
Profit Potential(@TG2): 300-63 = 237
Risk/Reward: risk 100 / make 145 (with directional bias)
Risk Control: maximum risk = premium paid = 163
(NO stop loss required - weekly options will keep you in the game all week!)
Next possible entry point @7750
Contact me if you want to learn more about such risk-defined option trades
that will keep you from being stopped out by erratic market moves.
Have a successful trading week, Tom
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