{"id":10699,"date":"2018-04-11T14:26:12","date_gmt":"2018-04-11T18:26:12","guid":{"rendered":"https:\/\/trades.iwopremium.com\/?p=10699"},"modified":"2018-04-11T14:26:12","modified_gmt":"2018-04-11T18:26:12","slug":"update-ba-trade","status":"publish","type":"post","link":"https:\/\/trades.iwopremium.com\/update-ba-trade\/","title":{"rendered":"Update to BA Trade"},"content":{"rendered":"

\"\"<\/p>\n

We’re going to take a loss on this trade and prepare for a fresh entry.<\/p>\n

The original trade setup was on February 27th, basically the height of the stock.<\/p>\n

The spreads sold were the Apr 325\/320 Put Spread, with fills at 0.7, 1, and 1.3<\/p>\n

The current value of the spread is 1.35.<\/p>\n

Here’s why the trade is being closed:<\/p>\n

    \n
  1. There is under two weeks to expiration<\/li>\n
  2. The short strike is 4 points away<\/li>\n
  3. The stock is moving, on average, 10 points a day<\/li>\n
  4. All it takes is one move lower and the spread goes in the money and the trade will be a large loss.<\/li>\n<\/ol>\n

    Instead, buy to close all Tiers at 1.35<\/p>\n

    A new trade plan will be added to Thursday’s email for how to play BA if it rolls over again.<\/p>\n","protected":false},"excerpt":{"rendered":"

    We’re going to take a loss on this trade and prepare for a fresh entry. The original trade setup was on February 27th, basically the height of the stock. The spreads sold were the Apr 325\/320 Put Spread, with fills at 0.7, 1, and 1.3 The current value of the spread is 1.35. Here’s why […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":""},"categories":[24],"tags":[],"_links":{"self":[{"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/posts\/10699"}],"collection":[{"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/comments?post=10699"}],"version-history":[{"count":1,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/posts\/10699\/revisions"}],"predecessor-version":[{"id":10701,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/posts\/10699\/revisions\/10701"}],"wp:attachment":[{"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/media?parent=10699"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/categories?post=10699"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/tags?post=10699"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}