Opening: SPCX Sept 18th 100/110/170/180 Iron Condor
Space Exploration Technologies Corp BATS:SPCX
... for a 3.76 credit.
Comments: High IV. Re-upping with a delta neutral setup ... .
Metrics:
Max Profit: 3.76 ($376)
Max Loss: 6.24 ($624)
ROC at Max: 60.3%
ROC at 50% Max: 30.2%
Will generally look to take profit at 50% max.