APR1 13 1590/1600 1485/1495 Iron Condor for $1.00 credit.
This trade has 12 days left with an expiration on April 5th. The trade has a 73% probability of finishing below our 1590 strike and a 98% probability of finishing above our 1485 strike. I feel that the top range is limited over the next couple weeks and a pull back is more likely. There for I went with more downside protection on this trade.
Traded 100 contracts for a potential $10,000 gain on $90,000 buying power. This is a potential 11% return on investment.
I actually placed this trade on Friday the 22nd.. Need the trade to stay between the two green lines for the next 10 days to keep all the profits.
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