Using options properly to pick up premium on time decay

FedEx CorporationNYSE

Description

⋅ Sep 16, 2020 11:44 PM

Great reverse iron condor opportunity that I am running on FedEx.
Price action leans bearish to me, but essentially I am just looking for a modest move up or down. What would be bad is for the stock to chop sideways.

Comment

⋅ Sep 17, 2020 4:09 PM

currently up 43%

Comment

⋅ Sep 17, 2020 4:15 PM

+86%

Comment

⋅ Sep 17, 2020 4:24 PM

+99%

Comment

⋅ Sep 17, 2020 4:25 PM

took profit at 104%

Comments

G13Man

⋅ Sep 18, 2020 12:57 PM

got the DOJI as it gets near one of the previous peaks
glad u took profits !

root-root

⋅ Sep 18, 2020 8:54 PM

Nice play man

cashmerehunter

⋅ Sep 17, 2020 8:45 PM

good job. I have calls til next friday, and a few for october. Thoughts?

ZenMode

⋅ Sep 17, 2020 10:15 PM

@cashmerehunter, do you mean just purchasing calls outright not in a spread?

cashmerehunter

⋅ Sep 20, 2020 11:44 PM

@ZenMode, yes, got creamed