Loss booked: US Stock market prediction-Prediction based Trade no 29 US market May 12, 30 profitable prediction based trade series

Losses are booked at closing values since no threshold level was set $140 for two options.

 

However straddle option( both call and put options) would have been immensely profitable as seen from chart,especially last two hours of trade approx

 

US market to open in next 1- 1/2 hours

 

 

This trade should be considered only after observing initial market trends

 

Buy nasdaq call options if US market opens negative. ( buy at opening values plus-5, second option at opening value of nasdaq plus -10)

 

Apart from this, sharp movement in dow possible in last 2 hours of trade. A straddle consisting of call and put option may be purchased and exit that option which becomes profitable first.(pls note that our system of calculating profits will not be applicable in this case for obvious reasons)
 

 

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