You can find information on iron condors in the Options Playbook on page 126. You can also always find all of this information on OptionsPlaybook.com. In this episode, Brian discusses
- The AMZN iron condor from last week
- General guidelines for earnings trades
- A review of the GOOG trade from a few weeks ago
- A deep look at TSLA
- What is the ATM straddle for the nearest expiration?
- Picking the strikes
- Determining the over/under so you can stay away from that
- What is the upside? Downside?
- Understanding the odds. Remember that you CAN lose.
- Rationale for the expiration date
