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NaughtyPines
Dec 27, 2016 6:02 PM

OPENING: NVDA JAN 20TH 96/101/130/135 IRON CONDOR  

NVIDIA CorporationNASDAQ

Description

... for a 1.09 credit. (High IVR/High IV).

Metrics:

Probability of Profit: 68%
Max Profit: 109/contract
Max Loss: 392/contract

Notes: Will look to manage at 50% max.

Comment

Rolling the 130/135 to the 115/120 for a .34 credit here. Thing has been so whippy that I don't want to go in closer to current price was so little time to go.

Trade closed manually

Covering here for a .99 db. Total credits received 1.09 + .34 = 1.43 - total debits (.99) = $44 gross profit; $29 net after fees/comms.
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