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NaughtyPines
Mar 22, 2016 3:58 PM

SOLD NKE APRIL 15TH 56.5/60/69/72.5 IRON CONDOR 

Nike, Inc.NYSE

Description

I had to fiddle a bit with the expiration and the strikes to get what I wanted, but the metrics are basically the same as outlined in the post below..

Got it filled for a 1.03 credit (103/contract).

Notes: Looking for NKE's implied volatility to contract post-earnings, as well as for price to stay between my short strikes.

Comment

Looking good post-announcement. NKE down 1.40-ish to 63.50 or so -- well within my short strikes for now.
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