MSFT Earnings Iron Condor

Apr 25, 2023

Taking a shot at a fairly neutral MSFT Iron Condor Before Earnings today

To enter the trade:

Sold 1 MSFT 05/19/23 Call 295.00 @ 2.35
Bought 1 MSFT 05/19/23 Call 300.00 @ 1.49
Sold 1 MSFT 05/19/23 Put 260.00 @ 3.07
Bought 1 MSFT 05/19/23 Put 255.00 @ 2.24
I collected 1.69, but currently it’s trading for 1.77

Happy Trading, and Good Luck!

Jerry

2 Comments

Below 295 at the moment !

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In MSFT my 295 call was breached so I rolled up the puts for a .67 credit. (Note: .04 debit per roll)

Sold 1 MSFT 05/19/23 Put 282.50 @ 2.81

Filled at: Apr 26, 2023 11:09:43 AM EDT

Sold 1 MSFT 05/19/23 Put 255.00 @ 0.38

Bought 1 MSFT 05/19/23 Put 277.50 @ 1.97

Bought 1 MSFT 05/19/23 Put 260.00 @ 0.55