Iron Fly I got a bad credit on it I should have tried for more, $7.20 credit and 280 max loss.
118/128/128/138 Dec 6th..
So the plan is to take a profit of at least 25% of the credit. Which is $180. Max loss is also $180.
Delta's on the wings were pretty good around 0.25-.26 so this should be a decent trade and PXD doesn't move all that much after earnings.
118/128/128/138 Dec 6th..
So the plan is to take a profit of at least 25% of the credit. Which is $180. Max loss is also $180.
Delta's on the wings were pretty good around 0.25-.26 so this should be a decent trade and PXD doesn't move all that much after earnings.
Trade closed manually:
Took a loss as it broke out pre-earnings $70