May 5, 2016
You can find information on iron condors in the Options Playbook
on page 126. You can also always find all of this information on
OptionsPlaybook.com. In this episode, Brian
- The AMZN iron condor from last week
- General guidelines for earnings trades
- A review of the GOOG trade from a few weeks ago
- A deep look at TSLA
- What is the ATM straddle for the nearest expiration?
- Picking the strikes
- Determining the over/under so you can stay away from that
- What is the upside? Downside?
- Understanding the odds. Remember that you CAN lose.
- Rationale for the expiration date