Trade: HD

Underlying

underlying

Calm stock in a clear uptrend, nothing really special. Quite high IV allows to sell a relatively wide iron condor and wait till earnings. I'll probably close it right before the report if IV won't rise even more compensating all the theta gains to be made.

Progress

Aug 8, 2016

overview-1

Aug 16, 2016

overview-2

Result

Profit: $304
Risk: $642
Margin: $2046
Commissions: $33
Time in position: 8 days

Yield: 13.2%
APY: 604%

Denis Zhbankov

IT specialist, entrepreneur and casual trader

Moscow, Russia

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