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
Below 295 at the moment !
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
Filled at: Apr 26, 2023 11:09:43 AM EDT
Bought 1 MSFT 05/19/23 Put 277.50 @ 1.97
Filled at: Apr 26, 2023 11:09:43 AM EDT
Bought 1 MSFT 05/19/23 Put 260.00 @ 0.55
Filled at: Apr 26, 2023 11:09:43 AM EDT