PINS - Short Iron Condor Trade Idea:Expiration AUG 19th (28 Days)
Long Call: $30.
Short Call: $27.
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Short Put: $16.
Long Put: $13.
$80 credit (as of 7/22).
$300 Collateral.
Risk:Reward Ratio:
$300 : $80, or 3.75 : 1.
Today
PINS had their big drop in sympathy with 
SNAP's sub-par ad revenue reporting from the SNAP earnings call. PINS' Earnings are on 8/1/22 pre-market. If and when they also declare their lousy ad numbers the stock could tank further and this is a significant risk to this trade. I sold one contract. And hope not to get creamed on this one. Unfortunately for me, the low risk:reward ration all but guarantees I'm going to eat it! But I'm going to stick with the glass being half-full for the time being. Good luck to me, I will certainly need it!
Trade aktif
The good news: As of Fri 8/5, I can close this out for around $10 if I so choose.Catatan
OFFICIALLY CLOSED on 8/16 for $0.04.
Pernyataan Penyangkalan
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.