Iron Condor for AAPL

Aktualisiert
-------------------------------------------- Info used to construct the Iron Condor --------------------------------------------

Spot price on Nov 13th: $119.26
Implied Volatility: 29.4%
Risk Free Rate (1 mth LIBOR): 0.1364%

-------------------------------------------- Strategy: 16/5 Delta Iron Condor, 30 DTE --------------------------------------------

Legs:
Buy 1 call @ $135.85 (Buy 5 delta call)
Sell 1 call @ $129.31 (Sell 16 delta call)
Sell 1 put @ $109.21 (Sell 16 delta put)
Buy 1 put @ $102.67 (Buy 5 delta put)

Max Gain: $125.15 -- 68% probability Exit: Hold for 15 days
Max Loss: -$528.85 -- 10% probability Stoploss: Set at 2 times the max profit

Indicator in the chart shows that Max profit range is 3 ATRs on either side.
The Iron condor in the chart was drawn to scale using the above info, it took me 10 minutes to make.
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Anmerkung
This trade turned out to be a profitable one if you held it for 15 days. The trade on Nov 27th (15 days later) was closed within the short strikes.
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