JPM - Bearish-neutral Iron Condor

Stock rally through till early 2018. Choppy price action with range-bound price through remainder of 2018 indicates large volume of shares exchanging hands (in other words, for a better mental picture, larger holders off-loading to more interested but smaller buyers). Expectation is neutral price discovery, with earnings report in January catalyzing subsequent direction move, which is typically bearish/downward with such price action. For now, price is attempting to find a fair value, and as such a bearish-neutral bias is bet on here.

85/90/115/120 JAN19 IRON CONDOR @ 0.67 CREDIT

General plan:
Roll if necessary & if possible mainly to reduce risk, expecially in this case due to earnings report date before expiration
Target maximum profit, unless significant profit appears early.

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