New Trade : DIA

Stock / Symbol: SPDR Dow Jones Industrial Average / DIA

Option Strategy: [Content protected for Monthly members only];
Price at trade post: $166.44

Reasoning: Putting on a [Content protected for Monthly members only] on DIA with a -1.5 delta, a 1.5 theta, and a 2.0 vega. If DIA either trades up to [Content protected for Monthly members only], we’ll either exit the trade or adjust the position.

Trade Details:[Content protected for Monthly members only]

Max Risk: $108
Max Reward: $110 or 101% (at current volatility) [Content protected for Monthly members only]
Profit Range: $157.75 to $173 by Mar 18th
Suggested Upside stop: @ $173
Suggested Downside stop: @ $158

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