$PINS - Short Iron Condor Trade:
Expiration OCT 21st (57 Days)
Long Call: $32.5.
Short Call: $30.
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Short Put: $15.
Long Put: $12.5.
$25 credit (filled 8/25).
$250 Collateral.
Risk:Reward Ratio: $225:$25, or 9:1.
Short strikes will allow the price to go up 30% and down 34% from the current (8/25) share price.
Good luck!
Expiration OCT 21st (57 Days)
Long Call: $32.5.
Short Call: $30.
------
Short Put: $15.
Long Put: $12.5.
$25 credit (filled 8/25).
$250 Collateral.
Risk:Reward Ratio: $225:$25, or 9:1.
Short strikes will allow the price to go up 30% and down 34% from the current (8/25) share price.
Good luck!