I put on a great iron condor position on Wayfair
W - Expiry October 18 , 140C/145C/105P/100P
Such a nice spread, Love it.
Price of spread was $145 spread is 5 points
I bought 2 of them. Max gain $190 max gain max loss is $380
Market is move bullish than bearish right now may persist till end of month.
W - Expiry October 18 , 140C/145C/105P/100P
Such a nice spread, Love it.
Price of spread was $145 spread is 5 points
I bought 2 of them. Max gain $190 max gain max loss is $380
Market is move bullish than bearish right now may persist till end of month.
Trade closed manually:
Closed trade at $100 loss, I was overleveraged and the trade also turned around very fast. I can see Wayfair moving higher.