{"id":14157,"date":"2020-03-05T17:17:00","date_gmt":"2020-03-05T21:17:00","guid":{"rendered":"https:\/\/trades.iwopremium.com\/?p=14157"},"modified":"2020-03-05T17:46:41","modified_gmt":"2020-03-05T21:46:41","slug":"proactive-spreads-march-5th-2020-jpm-fb-tlt","status":"publish","type":"post","link":"https:\/\/trades.iwopremium.com\/proactive-spreads-march-5th-2020-jpm-fb-tlt\/","title":{"rendered":"Full Time Profits, March 5th, 2020 – JPM, FB, TLT"},"content":{"rendered":"

\"\"<\/p>\n

After a nasty crash, markets are doing what they do best– chopping around in a high volatility range driven by news.<\/p>\n

Our advantage lies in the ability to provide liquidity. That’s the whole reason I developed Full Time Profits in the first place– when you have markets like this you can scale in and out very aggressively. We’re going to do just that.<\/p>\n

The situation is… dynamic to say the least. Last night I was ready to setup some bear call spreads, and it completely shifted<\/p>\n

Trade #1: JPM<\/p>\n

\"\"<\/p>\n

Looking for a gap fill and support to hold into the 110 level.<\/p>\n

Trade Setup<\/strong><\/p>\n

Expected Price: 110<\/p>\n

Sell to Open JPM Apr 95\/90 Put Spread<\/strong><\/p>\n

Tier 1: Enter at 0.85, Exit at 0.35<\/p>\n

Tier 2: Enter at 1.19, Exit at 0.54<\/p>\n

Tier 3: Enter at 1.53, Exit at 0.66<\/p>\n

Stop Out If Close Under 94.89<\/p>\n

Trade #2: FB<\/h2>\n

\"\"<\/p>\n

Looking for the pull into 180.<\/p>\n

Trade Setup<\/strong><\/p>\n

Expected Price: 180<\/p>\n

Sell to Open FB Apr 155\/150 Put Spread<\/strong><\/p>\n

Tier 1: Enter at 0.7, Exit at 0.18<\/p>\n

Tier 2: Enter at 0.98, Exit at 0.29<\/p>\n

Tier 3: Enter at 1.26, Exit at 0.32<\/p>\n

Stop Out If Close Under 154.89<\/p>\n

Trade #3: TLT<\/h2>\n

\"\"<\/p>\n

 <\/p>\n

We’re seeing upside capitulation as bond yields are collapsing. The 10 year broke sub 1%, and implied vol is exploding. I want to fade this.<\/p>\n

Trade Setup<\/strong><\/p>\n

Expected Price: 158.52<\/p>\n

Sell to Open TLT Apr 167\/170 Call Spread<\/strong><\/p>\n

Tier 1: Enter at 0.41, Exit at 0.09<\/p>\n

Tier 2: Enter at 0.574, Exit at 0.154<\/p>\n

Tier 3: Enter at 0.738, Exit at 0.168<\/p>\n

Stop Out If Close Over 167.11<\/p>\n","protected":false},"excerpt":{"rendered":"

After a nasty crash, markets are doing what they do best– chopping around in a high volatility range driven by news. Our advantage lies in the ability to provide liquidity. That’s the whole reason I developed Full Time Profits in the first place– when you have markets like this you can scale in and out […]<\/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\/14157"}],"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=14157"}],"version-history":[{"count":4,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/posts\/14157\/revisions"}],"predecessor-version":[{"id":14172,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/posts\/14157\/revisions\/14172"}],"wp:attachment":[{"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/media?parent=14157"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/categories?post=14157"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/tags?post=14157"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}