With natural gas in play, opportunity here allows participation similar. Price extension to the downside should slow down & the neutrality should give room for risk management if directional assumption is wrong.
8/9/13.5/14.5 JAN19 IRON CONDOR @ 0.21 CREDIT
General plan:
Roll if necessary & if possible to reduce risk.
Target maximum profit, unless significant profit appears early.
Comment or direct message for discussion, or on other interesting ideas!
Follow for updates.
8/9/13.5/14.5 JAN19 IRON CONDOR @ 0.21 CREDIT
General plan:
Roll if necessary & if possible to reduce risk.
Target maximum profit, unless significant profit appears early.
Comment or direct message for discussion, or on other interesting ideas!
Follow for updates.
Trade active:
Spread is currently at $0.06 (71% of max profit). Profit was made quickly relative to the amount of time remaining, but holding the position provides a buffer for the whole portfolio so this trade will stay active for now until a better opportunity can take its place before expiration to provide a similar beneficial portfolio risk profile.
