IRON TARIHi guys,
this is a short iron condor, with 4 weeks until expiration ( next regular) and 5% strike, we have only the 40% of probability.
So it means that there are 60% of probability that the price will be at expiration more than +-5% from actual price.
Selling the 280 call and the 310 put, with 2.5$ spread, there is a max profit of 130$, and a max loss of 120$.
I'm confident that we are going to have enough room to roll up or down in a few days to minimize the max loss and raise our probability of success, but so far we have 60% to earn more than what we risk.
Check on my script more info about this.
Enjoy your wallet!
Tari.
