Hi guys,
this iron condor is with 3 weeks expire and 4% strike.
So the short legs are 28.5 and 31.
Probability of success is 56%, so our Rew/risk is 100-56/56= 0.78
With 1$ spread iollect 0.52 credit
Max profit 52
Max loss 48
Rew/risk for this operation is 52/48=1.08, 40% more than 0.78
Enjoy your wallet!
Tari.
this iron condor is with 3 weeks expire and 4% strike.
So the short legs are 28.5 and 31.
Probability of success is 56%, so our Rew/risk is 100-56/56= 0.78
With 1$ spread iollect 0.52 credit
Max profit 52
Max loss 48
Rew/risk for this operation is 52/48=1.08, 40% more than 0.78
Enjoy your wallet!
Tari.
Trade closed: target reached
Max profit!!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.