Updated
10/21 IRON CONDOR
TTCDA
10/21 Expiration. 3 days from now.
The spreads appear to be legit.
$25 Call 10/21 Exp • Buy $0.25
$22.5 Call 10/21 Exp • Sell -$0.35
---[SHARE PRICE $12]---
$5 Put 10/21 Exp • Sell -$0.33
$2.5 Put 10/21 Exp • Buy $0.13
Credit ~$0.30.
Short strikes all the stock to fall 58% and rise 87.5%.
10/21 Expiration. 3 days from now.
The spreads appear to be legit.
$25 Call 10/21 Exp • Buy $0.25
$22.5 Call 10/21 Exp • Sell -$0.35
---[SHARE PRICE $12]---
$5 Put 10/21 Exp • Sell -$0.33
$2.5 Put 10/21 Exp • Buy $0.13
Credit ~$0.30.
Short strikes all the stock to fall 58% and rise 87.5%.
Note
"Short strikes ALLOW the stock..."Trade closed manually
On 10/19 my iron condor wasn't filled but 2 separate orders placed overnight for the put credit spread portion did fill @ $0.225 each (for a total of $45 credit). I just closed one for $0.10 and will look to close the other one for $0.05 later today. Obviously there is a news about a medical trial/drug approval coming out and this thing is going to skyrocket or plummet.
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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.