XLE Market Outlook trade idea - marketscholars.com

← Back to discussions
In Progress
Posted in: Market Outlook
Member
JOE GUERIN
April 10, 2018 at 9:24 am #1561
I liked the sideways trend on XLE but not comfortable with the Strangle trade idea and opted to sell the Iron Condor. I like the defined risk trade better. My strikes on the Put side are 64/63 and on the call side 73/74. The credit I hope to collect is 27¢
Sorry, this forum is for verified users only. Please Login or Register to continue

Type and press Enter to search

LIVE NOW OPTIONS INVENTORY TRADING

Upgrade to Premium to join today’s class and access advanced weekly strategy instruction.