QCOM - Bullish-neutral Iron Condor
Year-long cyclical pattern, within a wide parallel ascending channel (not shown to prevent clutter) is the current predominant price action, showing clear supply and demand zones. Expecting price to finish upswing or remain neutral at least until close to or at the next earnings season.
50/52.5/65/67.5 JAN19 IRON CONDOR @ 0.66 CREDIT
General plan:
Roll if necessary & if possible mainly to reduce risk.
Target maximum profit, unless significant profit appears early.
Comment or direct message for discussion, or on other interesting ideas!
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50/52.5/65/67.5 JAN19 IRON CONDOR @ 0.66 CREDIT
General plan:
Roll if necessary & if possible mainly 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.
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