I am currently doing a challenge of trading options using the iron condor. The current volititlity is 79%. A max loss of $379 , max gain of $121 and a buying power of 383.54 THe strategy which you may know needs to stay in between the prices 175 to 205 to make a PNL of $121 Current price when placing this idea is $187 Lets see if the irond condor might be...
Hi guys, this is a 4 weeks Iron Condor with 12% strike. To trade it and to keep a nice preimium ( we have more than 90 out 100 probabilities to earn the max premium) I have a 10$ spread for the wings. Have a look at this strategy to my prevoius post and you will see how easy the math is in here. Subscribe to my strategy for free! Enjoy your wallet! Tari,
SOLD -1 IRON CONDOR SPY 100 18 JUN 21 424/425/423/422 CALL/PUT @.74
NFLX sitting in this sub 100 point range, liking condors here as the range doesn't seem to be breaking anytime soon. Earnings led to a strong sell off, which was bought up recently at support, proving the range is here to stay.
Hi guys, this IV brings me to reverse the condor again. 3 weeks and 3% strikes give a range to be ITM with the 2 sold options between 192.5 and 205. The odds to end ITM are only 24%, so I revrese the condor to have a nice 76% probability of profit, RR almost 1 Subscribe for free to trade with Tari Condor. Enjoy your wallet! Tari,
I had a gut feeling to do an Iron Condor but cancelled it just no confident in options entirely... Maybe I should have kept it lol.. It would have been for the same week EXP. though.
Hi guys, this iron condor is W1 5%strike (check my strategy for more info, it's vary easy!) We have 71% of success: Rew/Risk= 100-71/100=0.40 With one week to expiration it's not easy to find a good price for these 5% strikes, so I moved the strikes @ 190 and @215, with a 5$ spread for each vertical. The RR is 0.41, so this is not a big edge, but trading...
long 270 short 267.50 short 260 long 257.50 Max profit $1.07 (AAPL close between 260-267.50) Max loss $1.43 breakeven $268.57, $258.93 A trade to collect option premium. I'm targeting 40-50% return depending on price action. There's ~70% chance of profit which is on the low side. IV is also low so I will be watching carefully for any turns for the worst given...
With IV being pretty rich I made a spread 190/195/260/265 Pretty wide spread $2 max gain $3 max loss 5 point spread for October 18th.
175/180/250/255 $175/325 Max profit/loss Target is $105 by July 8th. Max loss $210.
AAPL could range around 160-190 as the price continues to move lower, the spy is fading and mexico tariffs are coming. This will be bearish environment as the greater trend. The lesser trend in appl is also bearish and may move sideways now that the price has dropped lower. 155/160/190/195 Iron Condor, EXP July 19, Max gain/loss 154/346 I plan to take at...
Since PANW is very rich in premium right now with a high IV. It seems to have broken support and is going sideways. ER is May 30th I may decide to take off the trade before then however I may also want to take advantage of the IV contraction. 195/200/240/250 EXP June 21st $290/710 Profit/Risk I plan to take the trade off at $150 profit which means I will risk...
Since IV is high on ROKU because of recent earnings. I will go for an iron condor on ROKU 65/70/100/105 EXP July 19 $150/350 Profit/Risk $100 real profit target and $200 max loss. High probability trade, this is a journal entry and not trade advice.
TSLA looks to be trending lower as it continues toward its destination I plan to capture some profits using an iron condor. IV is really high at around 50 180/185/240/245 $150/350 Profit/Risk June 21 EXP Profit Target to be expected by June 10-14 Profit Target is $80 max loss is $160 This is a journal entry and not trading advice.