themdtrader

SMH - Bearish-neutral Iron Condor?

Short
AMEX:SMH   None
Shake my head or nah? Taking advantage of bearish momentum and high volatility for a bearish-neutral bet.

75/76/103/104 JAN19 IRON CONDOR @ 0.21 CREDIT

General plan:
Roll if necessary & if possible to reduce risk.
Target maximum profit, unless significant profit appears early.

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