Short Iron Condor Trade Idea, Expires JUST Prior to Earnings...
Short Iron Condor Trade Idea, Expires JUST Prior to Earnings...
+1 Buy TSLA 295Call 10/11
-1 Sell TSLA $285 Call 10/11
--{current share price: $229.8
-1 Sell TSLA $170 Put 10/11
+1 Buy TSLA $160 Put 10/11
Risk:Reward ~7:1 (i.e. $875:$125)
If the short strikes get violated, the trade could likely be salvaged or managed by rolling to another credit spread / IC later down the road.
+1 Buy TSLA 295Call 10/11
-1 Sell TSLA $285 Call 10/11
--{current share price: $229.8
-1 Sell TSLA $170 Put 10/11
+1 Buy TSLA $160 Put 10/11
Risk:Reward ~7:1 (i.e. $875:$125)
If the short strikes get violated, the trade could likely be salvaged or managed by rolling to another credit spread / IC later down the road.
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