I don't think I am going to go for this on Monday (8/28). But it will be interesting the watch if nothing else.
The strike prices are all jagged up due to the split.
TESLA - Short Iron Condor Trade Idea:
Expiration Oct 21st (53 Days (from 8/29)).
Strike Prices to create:
Long Call: $383.33.
Short Call: $380.00.
------
Short Put: $206.67.
Long Put: $203.33.
~$58 credit (as of 8/26 EOD ).
$334 Collateral.
Risk:Reward Ratio: $276:$58, or about 5:1.
Short strikes can accommodate moves of approx. 33% up and 28% down from Friday's (8/26) close price.
The strike prices are all jagged up due to the split.
TESLA - Short Iron Condor Trade Idea:
Expiration Oct 21st (53 Days (from 8/29)).
Strike Prices to create:
Long Call: $383.33.
Short Call: $380.00.
------
Short Put: $206.67.
Long Put: $203.33.
~$58 credit (as of 8/26 EOD ).
$334 Collateral.
Risk:Reward Ratio: $276:$58, or about 5:1.
Short strikes can accommodate moves of approx. 33% up and 28% down from Friday's (8/26) close price.
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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.