Day Trading Options: This Book Includes- Day Trading Strategies, Options Trading: Strategy Guide For Beginners, Trading Options: Advanced Trading Strategies and Techniques by Branden Lee
Author:Branden Lee [Lee, Branden]
Language: eng
Format: epub
Published: 2018-05-11T00:00:00+00:00
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During these three weeks, the stock ended up gaining 250 points. Despite this, this trade still provided a profit of thirty percent of the maximum potential profit thanks to the time-day and because of the time exit. The trader was still about to earn 1024 from this trade.
* * *
The return of investment on this option was lower. The trader was about to earn about 1.25 percent on their return on investment. Usually the iron condor strategy is going to be more effective than this when it comes to a good return on investment, but during the time of the trade, the stock ended up moving more than was expected. A similar trade using this stock usually will give at least three percent return on investment, but the market was not as steady as it usually is. But the trader decided to get out of the market ahead of time to make sure that the market didnât go outside of their limits and make them lose money in the process.
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