$INFY with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $INFY after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 66.67%.
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Neurtral
Silver - Still Neutral Awaiting Significant Price Action We still have a neutral view on Silver given it's volatility and the uncertainty surrounding the US and China trade war. Therefore we are awaiting significant price action to take a view on the future course of the market but still believe the market could easily drop towards $15.55.
Iron Condor on XBI with a slight negative assumption.Decided to deploy a slight negative to neutral bias August18th Iron Condor option on XBI. 30 Day IV rank 84.952%
The strikes are as follows. The Sell side is a 10 point spread of 74(.24 delta) Put / 84 (.30 delta) Call. The buy side options at the 72 and 86 strikes respectively.
Premium collected was .90 cents per share which and will look to cover position between 40-50% max profit of 90 cents.