Hi guys,

this iron condor is with 3 weeks expire and 4% strike.

So the short legs are 28.5 and 31.

Probability of success is 56%, so our Rew/risk is 100-56/56= 0.78

With 1$ spread iollect 0.52 credit
Max profit 52
Max loss 48

Rew/risk for this operation is 52/48=1.08, 40% more than 0.78

Enjoy your wallet!

Tari.
Trade closed: target reached
Max profit!!
Beyond Technical AnalysisironcondoroptionprofitstrategyWIN

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