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zach6667
Nov 4, 2022 3:41 AM

12/16 Expiration, Iron Condor Trade Idea, $UNP 

Union Pacific CorporationNYSE

Description

UNP
Iron Condor Idea
12/16 Expiration

+1 $230 call
-1 $225 call
--{$193.22 current price}--
-1 $160 put
+1 $155 put

Credit TBD. EOD 11/3, the MARK price is around $35 for credit. On 11/4 I will look at submitting an ASK for $75 and working down from there, (possibly to as low as $45).
HIGH Risk:low reward

In-between earnings, end of year
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