Reallifetrading

Iron Condor on US steel

NYSE:X   UNITED STATES STEEL CORP
This one comes from Robert F. There is some premium here. I DON'T mind buying back both sides after earnings , if the IV really drops.
With the tariff chatter and all.. this one could be nice a volatile. BUT, there are a LOT of moving averages helping you on this one...
200 SMA on monthly = for the bear call spread
100 SMA on weekly for the bull put spread
Comment: So far, looks nice. Earnings is NEAR!
Comment: Planning for something like this
Comment: Per the bull put spread on this condor...
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