Saturday, August 31, 2019

Seems a safe bet so what say we meet again here Sept. 27?

SPX Iron Condor -
"Yesterday during a webinar with Ally Invest, I put on an Iron Condor in Sep 27 expiration, 46 days out and with 5 wide credit spreads. Sold 3070 Call and Bought 3075 Call. Sold 2660 Put and Bought 2655 Put. Total Credit $1, and Risk $400. Looking for 10 percent profit on $400 of risk or Capital and don’t want to lose more than 15% of $400."
Dan Sheridan,, August 13, 2019

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