Neutral trade on DIA (double double)

Updated
DIA IVR 33.8

Sold the 211/215/201/188 Iron condor
for $4.70
Target 50% of credit received

Ratio 3x the calls spreads for every 1x Puts spreads

The trade:

Sold (3x) 211 Calls
Buy (3x) 215 Calls
Sold (1x) 201 Put
Buy (1x) 188 Put

for $4.70
Max profit $470
Max loss $830
Trade closed: stop reached
This was a loser
ironcondoroptionsoptions-strategy

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