$39 Profit
LHShort Option
Entry comments: Iron Condor earnings play. Selling volatility and hoping for "volatility crush" after earnings announced. Buy back tomorrow at lower price. If the price stays range bound, I could let option expire and keep entire $615.
Exit comments: small gain. I'm sure there's a better way to trade earnings. may need to widen my strikes to increase PoP but smaller profit.
Broker:TDAmeritrade
| Date | Price | |
|---|---|---|
| Entry | 7/27/2020 | 6.17 |
| Exit | 7/30/2020 | 5.78 |
- Total Views115
- Position Size1
- Percentage6.32%
- Option TypeCALL
- Strike205.0
- Expiration7/31/2020
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