SHORT IRON CONDOR IDEA for an 8/26 Expiration

97
GOOGL - Short Iron Condor Trade Idea:
Expiration AUG 26th (18 Days)

Strike Prices to create IC:
Long Call: $129.
Short Call: $126.
------
Short Put: $100.
Long Put: $97.

$31 credit (as of 8/5 EOD).
$300 Collateral.

Risk:Reward Ratio: $269:$31, or 9:1.

Short strikes can accommodate approx. 15% down and 7.5% up from Friday's (8/5) close price.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.