Tesla

Iron Condor Idea for 9/16 Expiration. Splits are a yawn now.

161
TESLA - Short Iron Condor Trade Idea:
Expiration Sept 16th (39 Days)

Strike Prices to create IC:
Long Call: $1,125.
Short Call: $1,120.
------
Short Put: $605.
Long Put: $600.

~$75 credit (as of 8/5 EOD ).
$500 Collateral.

Risk:Reward Ratio: $425:$75, or 6:1.

Short strikes can accommodate approx. 30% down and 30% up from Friday's (8/5) close price.

Good luck trading folks!

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