BarnardR

10/22 SNAP Range Bound

BarnardR Updated   
NYSE:SNAP   Snap Inc.
^range on chart^

Short Iron Condor

10/22 EXP
$300 collateral per quantity
Levels on Chart
Position was built with positive a R/R, so stop levels are built-in.
Trade active
Comment:
Trade is:
SELL
10/22 81C
10/22 71P
BUY
10/22 84C
10/22 68P
R/R and breakevens will be different depending on your fill. Mine is 1.62 .
Trade active:
Good wick so far today. Watching volume closely, three more days.
Trade active:
Holding this position through earnings tomorrow will be risky.
I will be holding, because my risk management allows me to do so, and SNAP will have to move more than 2 standard deviations to cause an issue.
Trade active:
Looks like I'll be taking max loss on these...
Plan to close out tomorrow.
Trade closed: stop reached:
Closed out today, filled @ 3.05, 88% loss.
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