I closed my last 7 DTE Iron Condor on SPX today for 9.26% gain on capital allocated.
Now just opened a new Iron Condor on SPX
-5225 +5210 & -5375 +5390
Expires May 24th, atm the % gain on capital is 28% so $327 on $1160, will close this early as well, potentially first half of next week, before Weds and the NVDA update.
I choose my sell strike deltas at -0.15 Delta or lower.
Now just opened a new Iron Condor on SPX
-5225 +5210 & -5375 +5390
Expires May 24th, atm the % gain on capital is 28% so $327 on $1160, will close this early as well, potentially first half of next week, before Weds and the NVDA update.
I choose my sell strike deltas at -0.15 Delta or lower.
Comment:
I've closed the Trade $40 profit or 3.45% took risk of the Table NVDA earnings is today, peeps expecting massive earnings thus the theta was not destroying this position fast enough, took profit, will put on next Sell Side Trade tomorrow.