$KSS
Short Iron Condor
12/16 Expiration
+1 $37 call
-1 $35 call
--{share price: $31.5}--
-1 $28 put
+1 $26 put
$46 credit, $200 collateral.
$154:46 or 3:1 risk:reward (high risk, low reward).
Short Iron Condor
12/16 Expiration
+1 $37 call
-1 $35 call
--{share price: $31.5}--
-1 $28 put
+1 $26 put
$46 credit, $200 collateral.
$154:46 or 3:1 risk:reward (high risk, low reward).