With it being earnings season, let's take a look at a strategy
around AMZN earnings. You can always find information on iron
condors on OptionsPlaybook.com.
Today Brian discusses:
- A review of the GOOG skip-strike butterfly from last week
- Taking a look at AMZN going into earnings
- Where is the long straddle of the nearest-term expiration?
- Why a skip-strike butterfly didn't work in this case.
- Why was this the case?
- How to make the most of the high implied volatility?
- How to get way out-of-the-money?
- Setting up the iron condor
- What is the maximum risk? Gain?
