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Synaptic724
Nov 5, 2019 6:50 PM

BIIB Iron Condor 

Biogen Inc.NASDAQ

Description

255/260/325/330 credit was $1.48 Exp Dec 20th.

Deltas were pretty high. 0.34 and 0.3 so I plan to exit this trade at 30% of max credit.

I bought a double spread on this. I will exit the trade at $1 to buy back the spread and profit $96 on this trade.

I plan to exit this trade before December 5th as CTAD congress is on that date which will add more risk to my position.

I need to exit on the 4th of December. Max loss will be $148 or $296 on the double spread.

Order cancelled

Comments
Synaptic724
it was a great play but ended up closing it early, too bad soo sad >_<
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