NASDAQ:PENN   PENN Entertainment, Inc.
RSI divergence
EMA20 Bollinger Band Upper band

There might be a consolidation between 90 and 110.

Sell Iron Condor -- limit 6.2 (Credit)
SellToOpen Mar Call Spread C110/120
SellToOpen Mar Put Spread C80/90
Get Theta 2.34 per day

$10 range,
max profit 6.2,
max risk 3.8,
Reward:risk= 1.63:1
Trade active:
Option trade:
Sell Iron Condor -- limit 6.2
SellToOpen Mar Call Spread C110/120
SellToOpen Mar Put Spread C80/90
Comment:
Correction:
SelltoOpen Put Spread P80/90
Trade closed manually:
closed as make even
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.