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Reallifetrading
Jul 16, 2018 5:01 PM

Iron Condor on US steel 

United States Steel CorporationNYSE

Description

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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