POSSIBLE TRADE:
SELL CALL: 110 STRIKE
BUY CALL: 111 STRIKE
SELL PUT: 102 PUT
BUY PUT: 101 PUT
EXPIRATION: FRIDAY 09/06.
PREMIUM: $0.17 @ MID OR A 15% RETURN FOR THE WEEK!!!!!!!!!
EXPLANATION: CURRENTLY THE SPY IS TRADING AT 106.7 MEANING THAT WE HAVE A HUGE RANGE TO WORK WITH HERE.
This weekly is already profitable since this morning
ReplyDeleteStay tuned for additional Iron Condor (this week) and other Options trades!
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