Adjusting FDX Options Trade to nearly 100% profit!

This is a great video to show the adjustment of an options trade to try to get the maximum out of a trade. An options trade can often be a living, breathing animal and knowing how to adjust effectively and play "Trading Zones" to maximized profits is KEY to successful options trading.

[@aaronwang6933]

Very nice trade, thanks for sharing.

[@lawrencetran1598]

Why didn't you close the long call with the short put and then sell the credit spread? Wouldn't you have more negative delta that way? Thanks

[@Ari-kd5mq]

Thanks again Steve. Anything you could do to help get the VIX Index back?

[@tz2173]

I don’t think it’s possible to get a deal done in real trading because of the bid/ask width.

[@OptionStrat]

Of course it is possible - I traded this live, you just have to be patient waiting for a fill.

[@anthonymaher4686]

Steve - Do you normally place this type of trade at around 6 Month Expiration ?

[@OptionStrat]

No - most of my trades are in the 14 day to 90 day range.