New Trade : IWM

Stock / Symbol: iShares Russell 2000 Index / IWM;

Option Strategy: [Content protected for Monthly members only];
Price at trade post: $103.70;

Reasoning: Putting on a [Content protected for Monthly members only] on IWM with the long legs expiring on the 4th week of March. The Greeks on this trade are: -1.6 delta, 0.9 theta, and -3 vega. We’ll look to adjust or exit at either [Content protected for Monthly members only].

Trade Details:[Content protected for Monthly members only]

Max Risk: $50
Max Reward: $70 or 140% (at current volatility level) at[Content protected for Monthly members only]by Mar 18th
Profit Range: $98.50 to $106.75 by Mar 18th
Suggested Downside stop: @ $98.50
Suggested Upside stop: @ $106.50

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