OPENING: QQQ JAN 18TH 153/156/177/180 IRON CONDOR
... for a 1.05/contract credit.
Metrics:
Max Profit: $105/contract
Max Loss: $195/contract
Break Evens: 154.95/178.05
Delta: -2.78
Theta: 1.57
Notes: Layering on some more in the January cycle. With the other two iron condors I've already put on in January, my position scratch point is 3.26/contract. Will look to mix and match profitable put side with profitable call side to peel off risk and/or peel off profitable sides to delta balance.
Metrics:
Max Profit: $105/contract
Max Loss: $195/contract
Break Evens: 154.95/178.05
Delta: -2.78
Theta: 1.57
Notes: Layering on some more in the January cycle. With the other two iron condors I've already put on in January, my position scratch point is 3.26/contract. Will look to mix and match profitable put side with profitable call side to peel off risk and/or peel off profitable sides to delta balance.
