SHORT IRON CONDOR TRADE, expiration PRIOR to earnings on 8/5
SHORT IRON CONDOR TRADE
Expy before earnings on 8/5.
Buy PLTR $25 Call 7/19
Sell PLTR $24 Call 7/19
--{current share price: $21.12}--
Sell PLTR $18 Put 7/19
Buy PLTR $17 Put 7/19
CREDIT: ~$30
RISK: ~$70
RISK:REWARD: 2.3:1
Short strikes allow for 14% up and down
Expy before earnings on 8/5.
Buy PLTR $25 Call 7/19
Sell PLTR $24 Call 7/19
--{current share price: $21.12}--
Sell PLTR $18 Put 7/19
Buy PLTR $17 Put 7/19
CREDIT: ~$30
RISK: ~$70
RISK:REWARD: 2.3:1
Short strikes allow for 14% up and down