GOOGL - Short Iron Condor Trade Idea:
Expiration AUG 26th (18 Days)
Strike Prices to create IC:
Long Call: $129.
Short Call: $126.
------
Short Put: $100.
Long Put: $97.
$31 credit (as of 8/5 EOD).
$300 Collateral.
Risk:Reward Ratio: $269:$31, or 9:1.
Short strikes can accommodate approx. 15% down and 7.5% up from Friday's (8/5) close price.
Expiration AUG 26th (18 Days)
Strike Prices to create IC:
Long Call: $129.
Short Call: $126.
------
Short Put: $100.
Long Put: $97.
$31 credit (as of 8/5 EOD).
$300 Collateral.
Risk:Reward Ratio: $269:$31, or 9:1.
Short strikes can accommodate approx. 15% down and 7.5% up from Friday's (8/5) close price.
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