Posted by DigiNomad on 23rd of Aug 2023 at 03:17 pm
It's a toss up with expectations so high. I put on a iron condor
at about 13% move in either direction. If it goes down 13%, I'll
probably take profits on the long put and all the calls and let the
short put run naked.
If I am reading things
Posted by patellee on 23rd of Aug 2023 at 03:07 pm
If I am reading things right, NVIDIA options are showing traders positioned for an 11% move after hours. Question is + $50 or - $50?
It's a toss up with
Posted by DigiNomad on 23rd of Aug 2023 at 03:17 pm
It's a toss up with expectations so high. I put on a iron condor at about 13% move in either direction. If it goes down 13%, I'll probably take profits on the long put and all the calls and let the short put run naked.
You are correct about 11
Posted by rbreese on 23rd of Aug 2023 at 03:11 pm
You are correct about 11 % swing.