Biogen Inc.
Updated

BIIB Iron Condor

97
255/260/325/330 credit was $1.48 Exp Dec 20th.

Deltas were pretty high. 0.34 and 0.3 so I plan to exit this trade at 30% of max credit.

I bought a double spread on this. I will exit the trade at $1 to buy back the spread and profit $96 on this trade.

I plan to exit this trade before December 5th as CTAD congress is on that date which will add more risk to my position.

I need to exit on the 4th of December. Max loss will be $148 or $296 on the double spread.
Order cancelled

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