Opening (IRA): ARKK February 21st 47/52/63/68 Iron Condor

67
... for a 1.50 credit.

Comments: High IVR/IV. Doing a little delta neutral premium-selling stuff while I hand sit and wait for stuff to come in/be managed.

Metrics:

Max Profit: 1.50
Buying Power Effect: 3.50
ROC at Max: 42.9%
50% Max: .75
ROC at 50% Max: 21.4%

Will generally look to take profit at 50% max, roll in untested side on side test.

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.