Bullish Trade of the Week Part Two EA credit spread
Well the Big Hands knew we were looking to get into SO this week so they took the market down and kept Utilities strong...I take full responsibility for this !! ;) ;)
No matter EA IVR % just posted 100 and the new Call of Duty will be in full swing come XMAS time 72d 100/95 p cr spread looking for 1.40
Tasty stats 65% POP 82% P50 theta .50 with a delta of 9.32
No matter EA IVR % just posted 100 and the new Call of Duty will be in full swing come XMAS time 72d 100/95 p cr spread looking for 1.40
Tasty stats 65% POP 82% P50 theta .50 with a delta of 9.32
Comment:
Earnings call soon and IV is at a 5 year high Selling an Iron Condor 52d 100/105 c and a 90/85 p spread to Iron fly the upside and taking a little more downside risk while we wait for the market to settle and IV to drop