6/18 8:30am News IC trade

General Trading Forum YOU can do this and why you should
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Trading from work… so no ninjatrader… my documentation so @darrell can follow along

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I also placed a OTM straddle as well in case the report hits hard. I am a bit worried this may eat up my profit as the last 3 reports fell right on expectations.

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Ok for most of the trade one side was losing much bigger than the other… It made me think I was losing money by paying a larger premium than I was gaining, but near expiration it evened out.

It seems the trade actually worked out for me perfectly.. I didn't make a profit because I went for the OTM trades.

Did any one else take this trade?

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My P/L Statement the trades I took are highlighted… It was a wash because of the other trades I took out of the money expecting a bigger move… @darrell any insight you can give is appreciated.

$344.60 Contract cost $7.20 Fees (Round Turn)

$393.4 Payout - $351.80 Total Cost = $41.6 Profit

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