OFS -- bought some/Mark | AMNB Message Board Posts

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Msg  19528 of 22387  at  7/19/2019 11:39:33 AM  by

Huffdaland

The following message was updated on 7/19/2019 11:41:38 AM.

 In response to msg 19527 by  MarkfromReston
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Re: OFS -- bought some/Mark

  
 Pretty simple.  Iron Condor.  You sell a call spread above the PPS and sell a put spread below the PPS. You receive the premium of both.  Hopefully the stock stays flat and thus you keep all the premium. The advantage is that if it does move you can only lose on one side of the trade. ....ie., you have defined your risk.  Good luck.
 


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