spx iron condor
Idea: We are +3.5% on the SPY since last monthly options expiration. Next week is the next monthly options expiration. Most agree that we the bull is strong, but there is a lot of toppy charts and sector rotation going on. Most likely scenario for the next week is choppiness around the current price.
Here is my current SPX chart:
I have some nice support at 2750 and some resistance at 2790. I will use these technical values to pick the strikes of my iron condor.
I like the 2720P/2750P/2790C/2815C
Here is the profit forecast and max loss calculation thats to optionsprofitcalculator.com
opcalc.com/ao1J
Cheers
Here is my current SPX chart:
I have some nice support at 2750 and some resistance at 2790. I will use these technical values to pick the strikes of my iron condor.
I like the 2720P/2750P/2790C/2815C
Here is the profit forecast and max loss calculation thats to optionsprofitcalculator.com
opcalc.com/ao1J
Cheers
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.