MR-DAKOTA

BTCUSD - Options Play - Long OTM Straddle

MR-DAKOTA Updated   
BITMEX:XBT   Bitcoin
CHEAP OTM STRADDLE (20th EXPIRY)

9250-P / 9875-C LOOKING FOR RESOLUTION OF EXISTING RANGE.

BREAK ABOVE 10K OR BELOW 9K FOR PROFIT
Comment:
Lost cost of both legs here - should have rolled over to the 22nd expiry, but that's why these were cheap, short-term low-theta plays.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.