NOC- Short Iron Condor Trade Idea:
Expiration Oct 21st (73 Days (an eternity...)).
Strike Prices to create IC:
Long Call: $545.
Short Call: $540.
------
Short Put: $400.
Long Put: $395.
Filled @ $100 ($1.00) credit (as of 8/9 not long after open).
$500 Collateral.
Risk:Reward Ratio: $400:$100, or 4:1.
Short strikes can accommodate approx. 16% down and 13% up from current price (8/9 mid-day).
Good luck trading!
Expiration Oct 21st (73 Days (an eternity...)).
Strike Prices to create IC:
Long Call: $545.
Short Call: $540.
------
Short Put: $400.
Long Put: $395.
Filled @ $100 ($1.00) credit (as of 8/9 not long after open).
$500 Collateral.
Risk:Reward Ratio: $400:$100, or 4:1.
Short strikes can accommodate approx. 16% down and 13% up from current price (8/9 mid-day).
Good luck trading!
Comment:
Bit risky, this one!
Trade closed: target reached:
CLOSED FOR $10 on 10/14.