Price is trading below the yellow CL.
I expect price to reach at least the yellow L-MLH, which should bring me at least a profit of $200 per lot.
The nice thing in this trade is, I have a lot of upside room, compared to a directional play!
The downside is, Theta is negative with about $1.70/day.
So I have to observe how the trade evolves and manage accordingly.
Write me your thoughts and questions below, thanks!