NVIDIA
Updated

Opening (IRA): NVDA Oct 18th 82/92/118/128 Iron Condor

857
... for a 3.33 credit.

Comments: High IV with earnings in the rear view ... .

Metrics:

Buying Power Effect: 6.67
Max Profit: 3.33
50% Max: 1.67
ROC at 50% Max: 24.96%

Will generally look to take profit at 50% max; roll in sides on side test.
Trade active
Rolled the -92P/128C up to the -108P/144C for a 5.37 credit on BPE of 10.63, resulting in an 82/108/118/144 iron condor. Total credits collected of 8.70 with break evens now 99.30/126.70.
Trade active
Delta balancing: Rolled the 82P/-108P up to the 85/-111P for a .70 credit. Net credits collected of 9.40.
Trade closed manually
Money/take/run. Closed for an 8.45 debit; .95 ($95) profit.

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