Day. Good Earnings. Stock did a good Gap/Crap B/O above VWAP & HOD, but missed it & waited for Reclaim HOD 206.46. Saw it hit 204 2 times used that as Risk. Entered 1st 6 shares @ 206.52 confirmed HOD Reclaim, 2d entry confirmed over next resist LVL @ 208.10, ave 207.31, Risk Intraday SPT 204, moved to 205, TGT 210. Hit TGT. Good trade & plan.
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.
Held over the weekend. Thought the at home CV test would drive it up. Cut losses in PM on Monday.
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