From Theory To Practice - October 27, 2020 - 10/27/20: Portfolio Analysis - An Expected Move Iron Condor for MSFT Earnings


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Oct 27 2020 27 mins   6
In today’s portfolio analysis, we start off by analyzing our PFE earnings trade from this morning. And with the stock barely moving, our Ratio Spread is now pretty well situated for the December cycle. Then, we roll our IBM Short Strangle out to December, as the stock has now fallen down below our break-even point. Lastly, we look at MSFT earnings tonight, and while a Short Strangle looks pretty good, the buying power reduction is too high for our account. So, we settle on an expected move Iron Condor.