Terra_Incognita
10-12 23:51
$SPY IRON_CONDOR 261120 CALL 800.0/CALL 810.0/PUT 755.0/PUT 745.0$ 1️⃣ Why am I making this trade now?

SPY Iron Condor 39 DTE

Call spread $800/810

Put spread $755/745

Setup near 20 to 30 delta to a bit high risk. 

SPY might slow and digest after making new highs and am looking for range bound trade to be profitable.

2️⃣ What’s my plan from here?

take profit at 50%

Take loss at 2x premium collected. 
SPY Iron Condor
10-12 22:19
US800.0/755.0/810.0/745.0
SidePrice | FilledRealized P&L
Credit
Open
-3.73
3
--
Holding
SPY IRON_CONDOR 261120 CALL 800.0/CALL 810.0/PUT 755.0/PUT 745.0
Trade Feed: Who is your favorite trader?
Come to the Trade Feed Topic to find more trading opportunities! Also, please feel free to recommend and introduce fellow Tigers to the "hidden gem traders" that you've discovered!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Sandyboy
    01:21
    Sandyboy
    Good clean setup must work all the best
  • Zurz
    07:30
    Zurz

    Good

Leave a comment
2
439