LVS - Bearish-neutral Iron Condor

Stock has sold off since May/June, with no recovery since last earnings report. Betting on price to stay within this range.

35/40/62.5/67.5 JAN19 IRON CONDOR @ 0.64 CREDIT

General plan:
Roll if necessary & if possible to reduce risk.
Target maximum profit, unless significant profit appears early.

Comment or direct message for discussion, or on other interesting ideas!
Follow for updates.
Chart PatternscreditDouble Top or BottomimpliedvolatilityironcondorLVSneutraloptionsoptions-strategyshortVolatility

Related publications

Disclaimer