OPENING: NFLX JAN 27TH 111/116/150/155 IRON CONDOR
.... for a 1.21 credit.
Here are the metrics for the setup:
POP%: 69%
Max Profit: $121/contract
Max Loss/Buying Power Effect: $379/contract
BE's: 114.80/151.20
Notes: NFLX announces earnings tomorrow after market close, so I would usually put a setup on "the day of." However, I don't want to space it out, so doing it now.
Here are the metrics for the setup:
POP%: 69%
Max Profit: $121/contract
Max Loss/Buying Power Effect: $379/contract
BE's: 114.80/151.20
Notes: NFLX announces earnings tomorrow after market close, so I would usually put a setup on "the day of." However, I don't want to space it out, so doing it now.
Commento:
Looking good so far after earnings announcement. Trading around $144 AH.
Trade chiuso: obiettivo raggiunto:
Closed at open for .50. In for 1.21, out for .50, .71 ($71) gross profit per contract.