... for an 8.25 credit.
Notes: A Plain Jane, delta neutral short strangle with rank/30-day at 68/98 with earnings to be announced after the close. There is some call side skew, but didn't want to overthink the play.
Notes: A Plain Jane, delta neutral short strangle with rank/30-day at 68/98 with earnings to be announced after the close. There is some call side skew, but didn't want to overthink the play.
Trade closed: target reached
Out for 2.30 here, around 70% of max; 5.95 ($595) profit.
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.
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.