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V DBL DIAG Sell80/buy82.5 Call, Buy80/sell72.5 Put 16 DEC 16

Trade Overview :

  • Company: VISA(V)
  • Strategy: Double Diagonal to Short

Reason for entry

I did not have Trade Apgar test in my tool box so this trade was essentially a gut feeling trade. Winning ratio was about 50% but good return to risk ratio. Also the chart showing divergent that the money flow is declining but the price keeps going up. Long term play to get some time value + volatility pla (low volatility now)

Entry Setup

Don’t have a good record on this one.



Charts

V DBL DIAG Sep 2016

Trade Apgar Test

This score was determined after the trade was placed using ThinkOrSwim’s “On Demand” feature to go back in time and looked at the various indicators.

It clearly shows a very low Trade Apgar Test score. Should not have placed this trade in the first place.

Expectation Short
Chart Indicators Score
Weekly Chart EXP MA 0
MACD 0
MFI 0
TTM 0
DMI 0
Daily Chart EXP MA 0
MACD 1
MFI 0
TTM 1
DMI 0
Total Score 2
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