kingmidasLXIX

Earnings Trade

kingmidasLXIX Updated   
NASDAQ:MSFT   Microsoft Corp.
Playing both sides for earnings.

Expected move 01/28 => $19.00

Expected move 02/18 => $28.00

Long Iron Condor 01/28
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Long 305 Call
Short 307.50
Long 265 Put
Short 260 Put
@ 1.35 debit

Short Iron Condor 02/18
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Long 235 Put
Short 245 Put
Long 330 Call
Short 340 Call
@ 1.77 credit

Net credit .42
Max loss 9.58
Trade closed manually:
Out for .25 profit
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