- Entry
- $533.94
- Final
- $533.94 +0.0%
- Target
- —
- Score
- -1.00
Here's the setup : https://preview.redd.it/9z5zrrhno9ue1.png?width=1922&format=png&auto=webp&s=b8c24e7dbd585dac9d474166914f804c756fe211 20 Apr 17 C 565 Strike @ 0.70 1 Apr 17 P 534 Strike @ 10.40 No way we're flat next week with everything going on with China. If Trump announces a pause on Chinese tariffs the calls print. If the downtrend continues, it breaks even at the very least and profits if the drawdown is significant. The only scenario where I get fucked is if we trade sideways all week which seems pretty unlikely. …
— ORIGINAL POST ·
Options play for next week's uncertainty. (Synthetic Call Spread)
· r/wallstreetbets
· Apr 11, 2025